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NRS 616B.303 - Standard for insolvency.

NV Rev Stat § 616B.303 (2019) (N/A)
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For the purposes of NRS 616B.306, 616B.309 and 616B.318, an employer is insolvent if the employer’s assets are less than the employer’s liabilities.

(Added to NRS by 1985, 582) — (Substituted in revision for NRS 616.2915)

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NRS 616B.300 - Qualification as self-insured employer: Establishment of financial ability to pay; deposit or security; evidence of excess insurance; Account for Self-Insured Employers.
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NRS 616B.306 - Commissioner may sell securities or institute proceedings on surety bonds of self-insured employer to pay claims.