Nev. Admin. Code § 287.700

Current through October 11, 2024

Section 287.700 - Definitions

As used in NAC 287.700 to 287.735, inclusive, and section 1 unless the context otherwise requires:

1. "Committee" means the Committee established to administer the Program.

2. "Investment consultant" means a private person, corporation, institution or other entity that provides advice on investments and operations of the Program, including, without limitation, advice provided for the purposes of paragraph (a) of subsection 3 of NRS NRS 287.330 and NAC 287.735.

3. "Program" means the Public Employees' Deferred Compensation Program authorized by NRS 287.250 to 287.370, inclusive.

4. "Recordkeeper" means a corporation, institution or other entity that offers investment options and other services which are necessary to the administration of the Program and to the proper investment of the money of the employees who are participants in the Program. The term does not include a private person.

Nev. Admin. Code § 287.700

Added to NAC by Com. to Admin. Pub. Employees' Deferred Comp. Prog., eff. 9-13-91; A by R066-13, 12-23-2013; A by R128-15, eff. 4/4/2016

NRS 287.330