Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 616B.419: Required reserves.

Where this section sits in the code

TITLE 53 — LABOR AND INDUSTRIAL RELATIONS
CHAPTER 616B - INDUSTRIAL INSURANCE: INSURERS; LIABILITY FOR PROVISION OF COVERAGE
ASSOCIATIONS OF SELF-INSURED EMPLOYERS

Each association of self-insured public or private employers shall maintain:

1. Actuarially appropriate loss reserves. Such reserves must include reserves for:

(a) Actual claims and the expenses associated with those claims; and

(b) Claims incurred but not reported, and the expenses associated with those claims.

2. Reserves for uncollected debts based on the experience of the association or other associations.

Collected 2026-09-03T05:51:44Z. Source file · JSON