Statutes, codes, and regulations
Nevada Revised Statutes
Title 53 - LABOR AND INDUSTRIAL RELATIONSChapter 616C - INDUSTRIAL INSURANCE: BENEFITS FOR INJURIES OR DEATHCOMPENSATION FOR INJURIES AND DEATH
GENERAL PROVISIONS
Section 616C.412 - Purchase of annuity by insurer to ensure payment of claim; adoption of regulations by Commissioner

Nev. Rev. Stat. § 616C.412

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 616C.412 - Purchase of annuity by insurer to ensure payment of claim; adoption of regulations by Commissioner
1. An insurer may purchase an annuity to ensure the payment of a claim filed with the insurer pursuant to chapters 616A to 616D, inclusive, or chapter 617 of NRS.
2. The Commissioner shall adopt such regulations as are necessary to carry out the provisions of this section.

NRS 616C.412

Added to NRS by 1997, 1425
Added to NRS by 1997, 1425