NAC648.490. Application for qualification; effective date of program.  


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  •      1. A licensee wishing to qualify as a self-insured licensee must submit an application to the Board. The application must be signed by the licensee or, if the licensee is a corporation, by an officer of the corporation.

         2. An application must include:

         (a) An audited financial report of the licensee’s business covering the 3 years immediately preceding the date of the application; and

         (b) A copy of the licensee’s proposed program of self-insurance.

         3. A program of self-insurance becomes effective when it is approved by the Board or the Executive Director.

     (Added to NAC by Priv. Investigator’s Lic. Bd., eff. 1-27-89; A 4-22-93)