Nevada Revised Statutes 41.037 – Administrative settlement of claims or actions
1. Upon receiving a report of findings pursuant to subsection 5 of NRS 41.036, the State Board of Examiners may approve, settle or deny any claim or action against the State, any of its agencies or any of its present or former officers, employees, immune contractors or State Legislators.
Terms Used In Nevada Revised Statutes 41.037
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute: A law passed by a legislature.
2. Upon approval of a claim by the State Board of Examiners or the Attorney General pursuant to subsection 4 of NRS 41.036:
(a) The State Controller shall draw a warrant for the payment of the claim; and
(b) The State Treasurer shall pay the claim from:
(1) The Fund for Insurance Premiums; or
(2) The Reserve for Statutory Contingency Account.
3. The governing body of any political subdivision whose authority to allow and approve claims is not otherwise fixed by statute may:
(a) Approve, settle or deny any claim or action against that subdivision or any of its present or former officers or employees; and
(b) Pay the claim or settlement from any money appropriated or lawfully available for that purpose.