Section 616C.077 - Direct deposit of compensation; inability to establish direct deposit of compensationIf an insurer or third-party administrator receives a written notice from an employee or a dependent of an employee pursuant to subsection 1 of NRS 616C.409 which includes all the information required by the financial institution, the insurer or third-party administrator shall, within 60 days after receipt of the written notice:
1. Establish direct deposit of the compensation to be paid by the insurer or third-party administrator into the account specified by the employee or dependent of the employee in the written notice; or2. If the insurer or third-party administrator is unable to establish direct deposit of the compensation as required by subsection 1, provide to the employee or dependent of the employee a written explanation of the reason for which the insurer or third-party administrator is unable to establish direct deposit of the compensation as required by subsection 1.Nev. Admin. Code § 616C.077
Added to NAC by Div. of Industrial Relations by R130-14, eff. 9/9/2016