Nevada Administrative Code
Chapter 353B - College Savings Plans of Nevada
Section 353B.Sec. 12 - NEW
Universal Citation: NV Admin Code 353B.Sec. 12
Current through December 12, 2024
1. The parent or guardian of a pupil who wishes to voluntarily close an account created pursuant to section 9 must complete and submit to the Office of the State Treasurer the opt-out form prescribed by the Office of the State Treasurer.
2. The Office of the State Treasurer shall close an account created pursuant to section 9:
(a) Upon receipt of an opt-out form submitted pursuant to subsection 1.
(b) If any portion of the money credited to the account has not been distributed by August 1 of the year that is 6 years after the year in which the designated beneficiary was regularly scheduled to graduate from high school.
Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R032-22A, eff. 9/8/2022
NRS 353B.335
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