1. The Board shall develop the Nevada Higher Education Prepaid Tuition Program for the prepayment of tuition for a qualified beneficiary for: (a) Undergraduate studies at: (1) A university, state college or community college that is a member of the System; (2) An accredited college or university in this State that is not a member […]
The Board may delegate to the State Treasurer any of its administrative powers and duties specified in NRS 353B.010 to 353B.190, inclusive, if the Board determines that such delegation is necessary for the efficient and effective administration of the Nevada Higher Education Prepaid Tuition Program and the Trust Fund. (Added to NRS by 2017, 4144)
1. The Board may enter into a prepaid tuition contract with a purchaser. 2. The Board shall create a prepaid tuition contract in accordance with the provisions of this section. 3. The prepaid tuition contract must include, without limitation: (a) The terms and conditions under which the purchaser shall remit payment, including, without limitation: (1) […]
The State of Nevada, an agency, county, municipality or other political subdivision of the State, or any other public or private employer may enter into an agreement to remit payments toward a prepaid tuition contract on behalf of an employee through payroll deductions. (Added to NRS by 1997, 3489; A 2001, 2166)
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 […]
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, […]
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 […]
The Board may delegate to the State Treasurer any of its administrative powers and duties specified in NRS 353B.300 to 353B.370, inclusive, if the Board determines that such delegation is necessary for the efficient and effective administration of the Nevada College Savings Program and the Trust Fund. (Added to NRS by 2001, 2162; A 2017, […]
Savings trust accounts and agreements entered into pursuant to NRS 353B.300 to 353B.370, inclusive, are not guaranteed by the full faith and credit of the State of Nevada. (Added to NRS by 2001, 2162; A 2017, 4149)
