Section 616C.499 - Election to receive award in lump sum: Reaffirmation; payment; notice of waiver of rights1. If an injured employee elects to receive an award for a permanent partial disability in a lump sum, he or she must reaffirm the election within 20 days after receiving notification from the insurer pursuant to subsection 3 of NRS 616C.495 before the lump sum will be paid.2. If an injured employee reaffirms the election within 20 days, the insurer shall make payment to the injured employee:(b) If there is any child support obligation affecting the injured employee, within 35 days, after the insurer receives the reaffirmation.3. In offering an award for a permanent partial disability in a lump sum, the insurer shall notify the injured employee that acceptance of the award waives certain of his or her rights regarding the claim as set forth in subsection 2 of NRS 616C.495.Nev. Admin. Code § 616C.499
Added to NAC by Div. of Industrial Insurance Regulation, eff. 2-22-88; A by Div. of Industrial Relations, 3-28-94; R009-97, 10-27-97; A by R032-21A, eff. 8/1/2023