Nevada Revised Statutes
Chapter 353B - College Savings Programs
NRS 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 NRS 353B.090, including, without limitation, the projected future costs of prepaid tuition contracts.
(Added to NRS by 2021, 560)

Structure Nevada Revised Statutes