NRS 353B.150 – Administration by State Treasurer; duties and powers of State Treasurer.
1. The State Treasurer shall administer the Trust Fund. 2. As Administrator of the Trust Fund, the State Treasurer: (a) Shall maintain the financial records of the Trust Fund; (b) Shall invest the property in the Trust Fund pursuant to the policies for investment established by the Board pursuant to NRS 353B.160; (c) Shall manage […]
NRS 353B.070 – “Trust Fund” defined.
“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)
NRS 353B.075 – Limitations on construction of provisions.
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 […]
NRS 353B.090 – Development of Program by Board; amount of tuition under prepaid tuition contract; regulations.
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 […]
NRS 353B.095 – Delegation by Board of administrative powers and duties to State Treasurer.
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)
NRS 353B.008 – Prepaid tuition program or college savings program must not prohibit participation based solely on immigration or citizenship status.
A prepaid tuition program or college savings program established pursuant to this chapter must not prohibit a person or his or her family from participating in such a program based solely on the immigration or citizenship status of the person or his or her family. (Added to NRS by 2021, 3697)
NRS 353B.009 – Money on deposit in prepaid tuition contract or savings trust account not considered asset of parent, guardian or student for purposes of determining certain eligibility.
Notwithstanding the provisions of any specific statute to the contrary, no money on deposit in a prepaid tuition contract pursuant to NRS 353B.010 to 353B.190, inclusive, or a savings trust account pursuant to NRS 353B.300 to 353B.370, inclusive, may be considered an asset of a parent, guardian or student for the purpose of determining the […]
NRS 353B.010 – Definitions.
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)
NRS 353B.030 – “Prepaid tuition contract” defined.
“Prepaid tuition contract” means the contract created pursuant to NRS 353B.100. (Added to NRS by 1997, 3483; A 2001, 2166)
NRS 353B.040 – “Purchaser” defined.
“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)