Nevada § 353B.110 General duties and powers of Board

Nevada Statutes

§ 353B.110 — General duties and powers of Board

Nevada § 353B.110

Title 31PUBLIC FINANCIAL ADMINISTRATION

Ch. 353BCollege

Administration

This text of Nevada § 353B.110 (General duties and powers of Board) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 353B.110 (2026).

Text

The Board:

1.May modify the regulations for the implementation of the Program adopted pursuant to subsection 3 of NRS 353B.090 .

2.May establish agreements to fulfill its obligations under the prepaid tuition contracts.

3.May contract for any necessary good or service, including, without limitation, the power to engage financial consultants, actuaries or legal counsel.

4.May procure insurance against any loss in connection with the property, assets or activities of the Trust Fund, the State Treasurer or the Board.

5.May solicit and accept a gift, including, without limitation, a bequeathment or other testamentary gift, grant, loan or aid from any source.

6.Shall solicit answers to requests for rulings from the Internal Revenue Service regarding the tax status of fees paid to or on be

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The Board:
1. May modify the regulations for the implementation of the Program adopted pursuant to subsection 3 of NRS 353B.090 .
2. May establish agreements to fulfill its obligations under the prepaid tuition contracts.
3. May contract for any necessary good or service, including, without limitation, the power to engage financial consultants, actuaries or legal counsel.
4. May procure insurance against any loss in connection with the property, assets or activities of the Trust Fund, the State Treasurer or the Board.
5. May solicit and accept a gift, including, without limitation, a bequeathment or other testamentary gift, grant, loan or aid from any source.
6. Shall solicit answers to requests for rulings from the Internal Revenue Service regarding the tax status of fees paid to or on behalf of a purchaser or a qualified beneficiary pursuant to a prepaid tuition contract.