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NRS 353B.340 – Creation; sources; limitations on use of money.

1. The Nevada College Savings Trust Fund is hereby created. 2. The Trust Fund is an instrumentality of this state, and its property and income are exempt from all taxation by this state and any political subdivision thereof. 3. The Trust Fund consists of: (a) All money deposited in accordance with savings trust agreements; (b) […]

NRS 353B.370 – Duties and powers of Board; contracts for services.

1. The Board shall establish a comprehensive investment plan for the money in the Trust Fund. 2. Notwithstanding the provisions of any specific statute to the contrary, the Board may invest or cause to be invested any money in the Trust Fund, including, without limitation, the money in the Program Account, in any manner reasonable […]