Election by employer to purchase industrial insurance from private carrier; cancellation of policy by employer to purchase insurance from another insurer
(Added to NRS by 1995, 2000; A 1999, 1771, 2414; 2001, 115, 803)
1. An employer may elect to purchase industrial insurance from a private carrier for his or her employees pursuant to chapters 616A to 617, inclusive, of NRS.
2. An employer who cancels a policy of industrial insurance to elect to purchase insurance from an insurer other than the employer’s present insurer shall comply with the reporting requirements of NRS 616B.461.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.