NAC616B.460. Annual report: Filing; signature; failure to file.

     1. Every self-insured employer must file an annual report on forms supplied by the Commissioner as a condition to the continuance of his or her certificate of authority to self-insure.

     2. The report must be filed on or before September 30, or within an additional time allowed by the Commissioner, and cover the preceding fiscal year.

     3. Unless otherwise approved by the Commissioner, the report must be signed by a person administering the program of self-insurance and by an officer or authorized employee of the self-insured employer.

     4. A self-insured employer will be assessed a penalty of $50 for each day in which he or she has failed to file the annual report as required by this section.

     5. The Commissioner may require a self-insured employer to submit quarterly reports in addition to the annual report.

     [Comm’r of Insurance, PC-25 § 21, eff. 8-6-80]