Policy for use of certain excess money.
Nev. Rev. Stat. § 353B.145
in effect1. 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-353B.htmlFetched: 10/4/2026