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Current as of January 01, 2021 | Updated by FindLaw Staff
1. There is hereby created in the State General Fund the Account for Pensions for Silicosis, Diseases Related to Asbestos and Other Disabilities. The Account consists of money appropriated to the Account by the Legislature and interest and income earned pursuant to subsection 2.
2. The interest and income earned on money in the Account, after deducting any applicable charges, must be credited to the Account.
3. The Account must be administered by the State Treasurer. The money in the Account may be expended only for the purposes set forth in NRS 617.168 and none of the money in the Account may be expended for administrative purposes. The expenditures must be made on claims approved by the insurer and paid as other claims against the State are paid.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 53. Labor and Industrial Relations § 617.1675. Account for Pensions for Silicosis, Diseases Related to Asbestos and Other Disabilities: Creation; interest and income; administration - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-53-labor-and-industrial-relations/nv-rev-st-617-1675/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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