Nev. Rev. Stat. § 353B.145

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 353B.145 - Policy for use of certain excess money
1. The Board shall adopt and, as necessary, revise a policy for the use of any money in the Trust Fund that is in excess of the amount of money determined by the Board to be required to establish a guaranteed rate for tuition under a prepaid tuition contract.
2. In adopting and revising the policy pursuant to subsection 1, the Board must consider, without limitation, the short-term and long-term financial viability of the Program developed pursuant to 353B.090, including, without limitation, the projected future costs of prepaid tuition contracts.

NRS 353B.145

Added to NRS by 2021, 560
Added by 2021, Ch. 132,§1, eff. 7/1/2021.