Nevada § 616B.401 Merger of associations

Nevada Statutes

§ 616B.401 — Merger of associations

Nevada § 616B.401

Title 53LABOR AND INDUSTRIAL RELATIONS

Ch. 616BIndustrial

ASSOCIATIONS OF SELF-INSURED EMPLOYERS

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Bluebook

Nev. Rev. Stat. § 616B.401 (2026).

Text

1. An association of self-insured public employers may merge with another association of self-insured public employers if:

(a)The resulting association assumes in full all obligations of the merging associations; and

(b)The merger is approved by the Commissioner. 2. An association of self-insured private employers may merge with another association of self-insured private employers if:

(a)The members of the merging associations are engaged in the same or similar trade;

(b)The resulting association assumes in full all obligations of the merging associations; and

(c)The merger is approved by the Commissioner. 3. The Commissioner shall conduct a hearing on the proposed merger if any member of the merging associations so requests. The Commissioner may on his or her own motion conduct such

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1. An association of self-insured public employers may merge with another association of self-insured public employers if:
(a) The resulting association assumes in full all obligations of the merging associations; and
(b) The merger is approved by the Commissioner.
2. An association of self-insured private employers may merge with another association of self-insured private employers if:
(a) The members of the merging associations are engaged in the same or similar trade;
(b) The resulting association assumes in full all obligations of the merging associations; and
(c) The merger is approved by the Commissioner.
3. The Commissioner shall conduct a hearing on the proposed merger if any member of the merging associations so requests. The Commissioner may on his or her own motion conduct such a hearing.