Nev. Admin. Code § 616B.487 - Cancellation of certificate by employer
A self-insured employer may at any time request in writing that his or her certificate to self-insure be cancelled. The Commissioner of Insurance will withdraw the certificate after the self-insurer:
1. Establishes a program to the satisfaction
of the Commissioner which will discharge all liabilities and responsibilities
incurred by him or her during the period the certificate was in force and which
is in addition to the deposit retained by the Commissioner as provided by
statute; and
2. Surrenders the
certificate.
Notes
NRS 616B.312, 679B.130
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