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NRS 353B.110 – General duties and powers of Board.

The Board: 1. May modify the regulations for the implementation of the Program adopted pursuant to subsection 3 of NRS 353B.090. 2. May establish agreements to fulfill its obligations under the prepaid tuition contracts. 3. May contract for any necessary good or service, including, without limitation, the power to engage financial consultants, actuaries or legal […]

NRS 353B.130 – Limitation on effect of action by Board.

An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust Fund. (Added to NRS by 1997, […]

NRS 353B.310 – Regulations.

1. The Board shall adopt regulations to establish and carry out the Nevada College Savings Program, which must comply with the requirements of a qualified state tuition program pursuant to 26 U.S.C. § 529. 2. The regulations must be consistent with the provisions of the Internal Revenue Code set forth in Title 26 of the […]