616B.303 - Standard for insolvency.
616B.303 Standard for insolvency. For the purposes of NRS 616B.306, 616B.309 and 616B.318, an employer is insolvent if the employer’s assets are less than the employer’s liabilities.
(Added to NRS by 1985, 582)—(Substituted in revision for NRS 616.2915)