Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter616B Industrial Insurance: Insurers; Liability for Provision of Coverage |
ASSESSMENTS |
NAC616B.737. Refund; payment of deficit.
Latest version.
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1. The Administrator will return to an insurer any excess amount of the final annual assessment paid by the insurer for the Fund for Workers’ Compensation and Safety or a Subsequent Injury Account.
2. If an insurer’s final annual assessment for any fund or account is greater than the estimated annual assessment paid by the insurer during the previous fiscal year, the insurer shall pay the deficit to the Division within 30 days after the date of receipt of any statement of deficit. The payment must be deposited in the appropriate Fund or Account.
(Added to NAC by Dep’t of Industrial Relations, eff. 8-26-83; A by Div. of Industrial Relations by R112-98, 12-18-98)