NRS 353B.001 – Definitions.

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 353B.002, 353B.003 and 353B.004 have the meanings ascribed to them in those sections. (Added to NRS by 2001, 2159; A 2019, 3904)

NRS 353B.002 – “Board” defined.

“Board” means the Board of Trustees of the College Savings Plans of Nevada created by NRS 353B.005. (Added to NRS by 2001, 2159)

NRS 353B.003 – “Marketing” defined.

“Marketing” means activities relating to marketing and promotion, including, without limitation, market research, public relations, branding and creative services, design and purchase of advertising, design and printing or production of collateral and promotional items, event sponsorships, incentives payable to a student’s scholarship or savings trust account and website design and development. The term includes all […]

NRS 353B.004 – “System” defined.

“System” means the Nevada System of Higher Education. (Added to NRS by 1997, 3483; A 2001, 2166; 2005, 364)

NRS 353B.005 – Board of Trustees of the College Savings Plans of Nevada: Creation; membership; terms; Chair; allowances and expenses.

1. There is hereby created a Board of Trustees of the College Savings Plans of Nevada. 2. The Board consists of five members composed of: (a) The State Treasurer, who may name a designee to serve on the Board on his or her behalf. (b) The Director of the Office of Finance, who may name […]

NRS 353B.007 – Insurance coverage to protect prepaid tuition contracts and savings trust accounts.

The Board may endorse insurance coverage written exclusively to protect prepaid tuition contracts, and purchasers and beneficiaries of prepaid tuition contracts pursuant to NRS 353B.010 to 353B.190, inclusive, and the regulations adopted pursuant thereto, and savings trust accounts and account owners, and beneficiaries of savings trust accounts pursuant to NRS 353B.300 to 353B.370, inclusive, and […]

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 […]