Nev. Rev. Stat. § 353D.070

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 353D.070 - [Effective 7/1/2025] "Covered employer" defined

"Covered employer" means an employer that:

1. Employs more than five persons in this State;

2. Has been in business for at least 36 months; and

3. Has not maintained a tax-favored retirement plan for its employees or has not done so in an effective form and operation at any time within the current calendar year or 3 immediately preceding calendar years.

NRS 353D.070

Added to NRS by 2023, 2805, effective July 1, 2025

Added by 2023, Ch. 461,§8, eff. 7/1/2025.