Nevada Administrative Code
Chapter 353B - College Savings Plans of Nevada
NEVADA HIGHER EDUCATION PREPAID TUITION PROGRAM
Enrollment in Program; Administration; Benefits
Section 353B.160 - Contract provisions: Restrictions on payment of tuition and other amounts charged for enrollment; payment of tuition for person designated as qualified beneficiary on more than one contract
Universal Citation: NV Admin Code 353B.160
Current through December 12, 2024
1. Except as otherwise provided in subsection 2, a contract may not authorize the payment of:
(a) Tuition for:
(1) More than one qualified beneficiary; or
(2) A person who is designated as a qualified beneficiary for another contract; or
(b) Except for the amount of tuition authorized pursuant to NAC 353B.150, any other amounts charged for the enrollment of a qualified beneficiary into an eligible educational institution.
2. More than one contract may authorize the payment of tuition for a person who is designated as a qualified beneficiary for the contracts if the contracts are in the amount of tuition described in subparagraphs (1) and (2) of paragraph (c) of subsection 1 of NAC 353B.150.
Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99; A by R079-00, 10-23-2000; A by Bd. of Trustees of College Savings Plans of Nev. by R055-09, 10-27-2009
NRS 353B.090, 353B.100
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