Nevada Administrative Code
Chapter 353B - College Savings Plans of Nevada
NEVADA HIGHER EDUCATION PREPAID TUITION PROGRAM
Remittance of Payments
Section 353B.350 - Options for method of payment by purchaser
Universal Citation: NV Admin Code 353B.350
Current through December 12, 2024
A contract may provide for payment by the purchaser:
1. By:
(a) Remittance in a lump sum; or
(b) Remittances on a monthly basis:
(1) For 60 months;
(2) For 120 months; or
(3) From the time of enrollment in the Program until the qualified beneficiary graduates from high school; and
2. Pursuant to:
(a) An invoice;
(b) Monthly coupons;
(c) Payroll deductions;
(d) Automatic deductions from a specified account at a financial institution;
(e) Gifts, under conditions approved by the Board; or
(f) Any other method approved by the Board.
Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99; A by Bd. of Trustees of College Savings Plans of Nev. by R055-09, 10-27-2009; A by R118-16A, eff. 12/21/2016
NRS 353B.090, 353B.100
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