Nev. Rev. Stat. § 397.063

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 397.063 - Nevada Office of the Western Interstate Commission for Higher Education's Loan and Stipend Fund; use of money in Fund

1. All money received as payment for a loan made pursuant to NRS 397.064 must be accounted for in the Nevada Office of the Western Interstate Commission for Higher Education's Loan and Stipend Fund which is hereby created as an enterprise fund.

2. The three Nevada State Commissioners, acting jointly, shall administer the Fund, and the money in the Fund must be used solely to provide stipends to participants.

NRS 397.063

Added to NRS by 1977, 428; A 1983, 312; 1985, 849; 1997, 125; 2001, 2753; 2003, 940; 2015, 1508; 2021, 2613

Amended by 2021, Ch. 407,§16, eff. 7/1/2021.

Amended by 2015, Ch. 298,§9, eff. 7/1/2015.

Added to NRS by 1977, 428; A 1983, 312; 1985, 849; 1997, 125; 2001, 2753; 2003, 940