Annual disbursements means the sum of all payments for compensation made in a fiscal year from the subsequent injury fund for associations of self-insured public or private employers. Annual expenditures for claims means the total amount of money actually paid for compensation in a fiscal year by or on behalf of an association of self-insured public or private employers pursuant to chapters 616A to 617, inclusive, of NRS reduced by any amount received from subrogation and reimbursement from the subsequent injury fund. Association of self-insured private employers means a nonprofit, unincorporated association composed of five or more private employers that have been issued a certificate by the commissioner of insurance and is subject to the provisions of NRS 616B.350 to 616B.446, inclusive. Association of self-insured public employers means a nonprofit, unincorporated association composed of five or more public employers that has been issued a certificate by the commissioner of insurance and is subject to the provisions of NRS 616B.350 to 616B.446, inclusive. Board means the board for the administration of the subsequent injury fund for associations of self-insured public or private employers.
Division means the division of industrial relations of the department of business and industry.
Expected annual disbursements means an estimate of the sum of all payments to be made for compensation in a fiscal year from the subsequent injury fund. Fund means the subsequent injury fund for associations of self-insured public or private employers. System means the State Industrial Insurance System. The division, if authorized by the board, shall administer, impose and collect assessments and penalties from associations. The division shall administer, impose and collect assessments and penalties from associations pursuant to sections 17 through 27, inclusive, of this regulation.