Nevada Revised Statutes 616B.722 – Liability of insurer for payment of compensation
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A private carrier who contracts to provide industrial insurance coverage for a consolidated insurance program pursuant to NRS 616B.712 is liable to pay each claim for industrial insurance that is covered by the program, regardless of whether:
Terms Used In Nevada Revised Statutes 616B.722
- Contract: A legal written agreement that becomes binding when signed.
1. The claim is filed after the completion of the construction project; or
2. Any party to the contract is not transacting business within this State at the time the claim is filed.