NRS 616B.336
Self-insured employers to furnish annual financial statements to Commissioner

Commissioner may examine records and interview employees.

1.

Each self-insured employer shall furnish financial statements audited by an independent certified public accountant, or foreign equivalent, to the Commissioner annually within 120 days after the expiration of the self-insured employer’s fiscal year, or within such other time frame as the Commissioner may allow.

2.

The Commissioner may examine the records and interview the employees of each self-insured employer as often as the Commissioner deems advisable to determine the adequacy of the deposit which the employer has made with the Commissioner, the sufficiency of reserves and the reporting, handling and processing of injuries or claims. The Commissioner shall examine the records for that purpose at least once every 3 years. The self-insured employer shall reimburse the Commissioner for the cost of the examination.

ASSOCIATIONS OF SELF-INSURED EMPLOYERS

Source: Section 616B.336 — Self-insured employers to furnish annual financial statements to Commissioner; Commissioner may examine records and interview employees., https://www.leg.state.nv.us/NRS/NRS-616B.html#NRS616BSec336.

616B.300
Qualification as self-insured employer: Establishment of financial ability to pay 616B.303
Standard for insolvency. 616B.306
Commissioner may sell securities or institute proceedings on surety bonds of self-insured employer to pay claims. 616B.309
Assessment of self-insured employers to provide for claims against insolvent employers 616B.312
Certificate of qualification as self-insured employer: Issuance by Commissioner 616B.315
Notification of change in ownership or control of self-insured employer 616B.318
Grounds for withdrawal of certification of self-insured employer 616B.321
Imposition of fine if self-insured employer fails to pay compensation as ordered. 616B.324
Self-insured employer liable for violation by employer’s agent. 616B.327
Withdrawal of certification of self-insured employer: Informal meeting 616B.330
Self-insured employer may appeal decision of Commissioner. 616B.333
Disposition of security after termination of status as self-insured employer. 616B.336
Self-insured employers to furnish annual financial statements to Commissioner

Last Updated

Jun. 24, 2021

§ 616B.336’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_616b.336

Original Source: Section 616B.336 — Self-insured employers to furnish annual financial statements to Commissioner; Commissioner may examine records and interview employees., https://www.leg.state.nv.us/NRS/NRS-616B.html#NRS616BSec336 (last accessed Jun. 24, 2021).