§ 616B.350 Qualification as association of self-insured public or private employers; application for certification; fee; confidentiality of financial information submitted for certification
§ 616B.353 Indemnity agreement; policy of excess insurance; assessment; bond or similar security; minimum combined tangible net worth; combined net cash flows; bond required of association’s administrator or third-party administrator; Account for Association
§ 616B.356 Certificate of authority required before surety or bonding company may furnish bond or other security for association
§ 616B.359 Certificate of qualification as an association of self-insured employers: Time for consideration of application; issuance by Commissioner; contents; effective date; period certificate is in effect; cancellation by association
§ 616B.362 Effect of certification; responsibility of association to provide compensation and administer claims
§ 616B.365 Board of trustees: Members; duties; prohibited acts
§ 616B.368 Board of trustees: Fiscal responsibilities; establishment of accounts; review of accounts by Commissioner
§ 616B.371 Association’s administrator prohibited from financial interest in third-party administrator; third-party administrator prohibited from financial interest in association’s administrator; contractual requirement
§ 616B.374 Solicitor’s permit: Advertising or offering for sale membership in proposed association of self-insured public or private employers without permit prohibited; application for permit; fee; penalty; exceptions
§ 616B.377 Solicitor’s permit: Commissioner to conduct investigation after filing of application for permit; required issuance of permit; Commissioner to give notice to applicant if application denied; fee nonrefundable
§ 616B.380 Solicitor’s permit: Power of Commissioner to suspend or revoke permit; hearing required
§ 616B.383 Advertisements or written materials to join association of self-insured public or private employers; solicitor to provide to Commissioner upon request copy of document relating to solicitation
§ 616B.386 Membership in association: Application; eligibility; authority of association to determine eligibility; termination by member; cancellation by association; information to be provided to Commissioner; provision of compensation after membership has
§ 616B.388 Provision of member information upon request
§ 616B.392 Notification of Commissioner required if change in information submitted for certification
§ 616B.395 Examination of books, records, accounts and assets of association by Commissioner; payment of related expenses
§ 616B.398 Commissioner is attorney-in-fact of association for receipt of initial legal process
§ 616B.401 Merger of associations
§ 616B.404 Statement of financial condition: Filing dates; contents; form; additional reports
§ 616B.407 Calculation of annual assessment paid by each member of association
§ 616B.410 Annual audits; objection to assignment of standard industrial classification
§ 616B.413 Payment of dividends to members of association
§ 616B.416 Plan for payment of annual assessments by members of association
§ 616B.419 Required reserves
§ 616B.422 Insufficient assets to pay compensation due and maintain reserves
§ 616B.425 Order by Commissioner to cease and desist; penalty for violation of order
§ 616B.428 Administrative fines for violations; authority of Commissioner to withdraw certification; effect of withdrawal
§ 616B.431 Withdrawal of certificate of association: Informal meeting; notice of withdrawal; hearing; effective date of withdrawal
§ 616B.434 Retention by Commissioner of security deposit in event of termination of association
§ 616B.437 Judicial review of Commissioner’s decision
§ 616B.440 Insolvency; termination of liability on surety bond; effect of termination of surety bond
§ 616B.443 Assessment of all associations to provide for claims against insolvent association; Account for Insolvent Associations of Self-Insured Public or Private Employers
§ 616B.446 Regulations

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Terms Used In Nevada Revised Statutes > Chapter 616B > Associations of Self-Insured Employers

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Service of process: The service of writs or summonses to the appropriate party.