Prohibition of settlements paid in lump sum; exceptions.

  1. Law
  2. Nevada Revised Statutes
  3. Industrial Insurance: Benefits for Injuries or Death
  4. Prohibition of settlements paid in lump sum; exceptions.

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Except as otherwise provided by NRS 616C.380, 616C.427, 616C.495, 616C.505, 616C.580 and 616C.595, the insurer shall not make or allow any lump-sum settlements.

[65:168:1947; A 1949, 659; 1943 NCL § 2680.65] — (NRS A 1959, 204; 1966, 48; 1967, 691; 1971, 320; 1973, 535; 1975, 607; 1981, 1172, 1497; 1983, 430, 646; 1987, 1466; 1989, 688; 1991, 2426; 1993, 754; 2007, 3356)


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