616C.409 - Direct deposit of compensation. - Nevada Statutes

616C.409  Direct deposit of compensation.

      1.  Each employee or dependent of an employee who receives compensation pursuant to chapters 616A to 616D, inclusive, or chapter 617 of NRS for a permanent total disability, death or a permanent partial disability that was not paid in a lump sum pursuant to NRS 616C.495 may submit to the insurer or third-party administrator who pays the compensation a written notice directing the insurer or third-party administrator to deposit the compensation directly into the account of the employee or dependent specified by the employee or dependent in the written notice.

      2.  If an insurer or third-party administrator receives a written notice from an employee or dependent of an employee pursuant to subsection 1, the insurer or third-party administrator shall, in lieu of issuing a check, deposit the compensation paid by the insurer or third-party administrator directly into the account specified by the employee or dependent in the written notice.

      (Added to NRS by 2007, 399)