As used in NRS 353B.010 to 353B.190, inclusive, unless the context otherwise requires, the words and terms defined in NRS 353B.030 to 353B.070, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1997, 3483; A 2001, 2162, 2166; 2017, 4146; 2021, 560)
“Prepaid tuition contract” means the contract created pursuant to NRS 353B.100. (Added to NRS by 1997, 3483; A 2001, 2166)
“Purchaser” means a person who makes or is obligated to make payments for tuition in accordance with a prepaid tuition contract. (Added to NRS by 1997, 3483; A 2001, 2166)
“Qualified beneficiary” means a person for whom tuition is paid pursuant to a prepaid tuition contract. (Added to NRS by 1997, 3483; A 2001, 2166)
“Trust Fund” means the Nevada Higher Education Prepaid Tuition Trust Fund created pursuant to NRS 353B.140. (Added to NRS by 1997, 3483; A 2001, 2162, 2166)
The provisions of NRS 353B.010 to 353B.190, inclusive, must not be construed as a promise or guarantee that a qualified beneficiary: 1. Will be admitted to, allowed to continue enrollment at or graduated from a community college or university; or 2. Will have the full cost of his or her tuition paid at a community […]
