Nev. Rev. Stat. § 164.647

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 164.647 - "Endowment fund" defined

"Endowment fund" means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

NRS 164.647

Added to NRS by 2007, 112
Added to NRS by 2007, 112