Nevada Administrative Code

NAC 349.564 Disbursement of money pursuant to grant. (NRS 349.982) 1. The recipient of a grant under the program shall: (a) Submit periodic requests for the disbursement of money pursuant to the grant on forms provided by the Division of Environmental Protection of the Department…

NAC 349.569 Award of credit toward amount of money recipient of grant is required to provide. (NRS 349.982) 1. The Division of Environmental Protection of the Department may give a recipient of a grant pursuant to the program credit toward the amount of money the recipient is req…

NAC 349.574 Procedure following completion of improvement. (NRS 349.982) 1. After the recipient of a grant pursuant to the program has completed the improvement, the recipient shall submit to the Division of Environmental Protection of the Department for its approval: (a) A final…

NAC 350.010 Annual statement and report by municipalities. (NRS 350.009, 350.013, 354.107, 354.6025, 360.090) 1. The statement and report which is required by NRS 350.013 must include: (a) A brief narrative which describes each type of indebtedness used or contemplated for use by…

NAC 350.100 Medium-term obligation as appropriation or augmentation. (NRS 350.087, 360.090) A medium-term obligation authorized pursuant to NRS 350.087 may constitute an appropriation or budget augmentation or may augment resources as permitted by statute and as specified in the …

NAC 350.110 Notice of intent. (NRS 350.087, 360.090) The notice of intent to act on a resolution which authorizes a medium-term obligation that is published by the governing body of a local government as required pursuant to NRS 350.087 must include: 1. The time and place of the …

NAC 350.120 Forwarding of documents to Department of Taxation following authorization. (NRS 350.089, 360.090) After the adoption of a resolution which authorizes a medium-term obligation, the governing body of the local government shall forward to the Department of Taxation: 1. A…

NAC 350.130 Authorization void after 18 months. (NRS 350.089, 360.090) The governing body of a local government which adopts a resolution authorizing a medium-term obligation must act on such authorization not later than 18 months following the approval of the Executive Director …

NAC 350.140 Interest. (NRS 350.009, 350.087, 350.089, 360.090) 1. If the money for a medium-term obligation is obtained from an existing fund of a local government, the resolution authorizing the medium-term obligation must specify whether interest will be charged and the rate th…

NAC 350.151 Conversion of temporary interfund loan into medium-term obligation. (NRS 350.009) 1. Unless otherwise prohibited by law, the terms of a temporary interfund loan may be revised in such a manner as to convert the temporary interfund loan into a medium-term obligation if…

NAC 350.160 Repayment. (NRS 360.090) The period for repayment of the debt incurred by a medium-term obligation begins on the date on which the debt is incurred. If the governing body of the local government enters into a medium-term obligation in a manner in which the debt will b…

NAC 350.170 Calculation of weighted average useful life of certain assets. (NRS 350.009, 350.091) 1. If a local government finances assets with a medium-term obligation or an installment-purchase agreement having a term of more than 5 years, the local government shall calculate t…

NAC 350.200 “Commission” defined. (NRS 350.009) As used in NAC 350.200 to 350.250, inclusive, unless the context otherwise requires, “commission” means a debt management commission established pursuant to NRS 350.0115. (Added to NAC by Com. on Local Gov’t Finance by R030-05, eff.…

NAC 350.210 Failure or refusal of governing body to adopt resolution approving or objecting to proposal resulting in increase of rate of property taxes. (NRS 350.009, 350.0135) If the governing body of an entity that receives a notification of a proposal that will result in an in…

NAC 350.220 Approval of request of municipality to reserve percentage of remaining allowable increase of property taxes for future use. (NRS 350.009, 350.0135) If a commission approves the request of a municipality to reserve a percentage of the remaining allowable increase of pr…

NAC 350.230 Establishment and notification of deadline for submission by municipality of certain proposals. (NRS 350.009, 350.0135) 1. A commission may establish a deadline for the submission by a municipality of a proposal that will result in an increase in the rate of property …

NAC 350.240 Denial of certain proposals if increase in rate of property taxes exceeds statutory limitation on total rate. (NRS 350.009, 350.0135) A commission shall not approve a proposal that will result in an increase in the rate of property taxes or a request to reserve a perc…

NAC 350.250 Notice of certain decisions of commission. (NRS 350.009, 350.0135) A commission shall provide notice, in writing, of the decision of the commission to the municipality requesting an increase in the rate of property taxes or a reservation of a percentage of the remaini…

NAC 353.010 Definitions. (NRS 353.3195) As used in NAC 353.010 to 353.080, inclusive, unless the context otherwise requires, the words and terms defined in NAC 353.020 and 353.030 have the meanings ascribed to them in those sections. (Added to NAC by St. Controller by R069-98, ef…

NAC 353.020 “Authorized officer” defined. (NRS 353.3195) “Authorized officer” has the meaning ascribed to it in subsection 2 of NRS 353.3195. (Added to NAC by St. Controller by R069-98, eff. 8-4-98)

NAC 353.030 “Electronic approval code” defined. (NRS 353.3195) “Electronic approval code” means a series of electronic symbols issued to an authorized officer by the State Controller pursuant to subsection 1 of NRS 353.3195. (Added to NAC by St. Controller by R069-98, eff. 8-4-98…

NAC 353.040 Substitution of electronic approval code for handwritten or facsimile signature. (NRS 353.3195) An electronic approval code issued by the State Controller or a designee thereof to an authorized officer pursuant to subsection 1 of NRS 353.3195 may substitute for the ha…

NAC 353.050 Responsibility for protection and proper use. (NRS 353.3195) 1. An authorized officer to whom an electronic approval code is issued: (a) Shall exercise reasonable care to retain control of his or her electronic approval code and to prevent its disclosure to any other …

NAC 353.060 Certification of authorized use. (NRS 353.3195) A person who enters an electronic approval code into a document indicating his or her authorization or verification of the document certifies that he or she is the person to whom the electronic approval code was issued a…

NAC 353.070 Authority of State Controller. (NRS 353.3195) 1. An electronic approval code that is issued to an authorized officer remains the property of the State Controller. 2. The State Controller may terminate the authority of an authorized officer to use an electronic approva…

NAC 353.080 Grounds for disciplinary action; personal liability. (NRS 353.3195) 1. The State Controller may subject an authorized officer to disciplinary action or hold him or her personally liable for the disclosure or unauthorized or fraudulent use of his or her electronic appr…

NAC 353.100 Examination of claims for payment pursuant to legislative appropriation or authorization. (NRS 353.090) Claims presented to the State Board of Examiners pursuant to NRS 353.090 must be examined to determine their correctness using: 1. Sampling procedures that are esta…

NAC 353.200 Report of damages by Division of Emergency Management for request for grant or loan: Contents. (NRS 353.2753) A written report prepared by the Division of Emergency Management of the Department of Public Safety pursuant to NRS 353.2753 will set forth, without limitati…

NAC 353A.100 Training for administration of budgetary accounts required; contents of training; evaluation of effectiveness of training. (NRS 353A.055) 1. Except as otherwise provided in NRS 353A.055, the head of an agency and any employee of an agency whose duties include adminis…

NAC 353B.001 Definitions. (NRS 353B.090, 353B.310, 353B.335) As used in this chapter, unless the context otherwise requires, the words and terms defined in NAC 353B.003, 353B.004 and 353B.007 have the meanings ascribed to them in those sections. (Added to NAC by Bd. of Trustees o…

NAC 353B.003 “Designated beneficiary” defined. (NRS 353B.090, 353B.310, 353B.335) “Designated beneficiary” has the meaning ascribed to it in 26 U.S.C. § 529. (Added to NAC by St. Treasurer by R185-01, eff. 4-5-2002; A by Bd. of Trustees of College Savings Plans of Nev. by R032-22…

NAC 353B.004 “Eligible educational institution” defined. (NRS 353B.090, 353B.310, 353B.335) “Eligible educational institution” means a school described in paragraph (g) of subsection 3 of NRS 353B.100. (Added to NAC by Bd. of Trustees of College Savings Plans of Nev. by R032-22, …

NAC 353B.005 “Board” defined. (NRS 353B.090) As used in this chapter, unless the context otherwise requires, “Board” has the meaning ascribed to it in NRS 353B.002. (Added to NAC by Bd. of Trustees of College Savings Plans of Nev. by R150-03, eff. 8-25-2004) NEVADA HIGHER EDUCATI…

NAC 353B.007 “Qualified higher education expenses” defined. (NRS 353B.090, 353B.310, 353B.335) “Qualified higher education expenses” has the meaning ascribed to it in 26 U.S.C. § 529. (Added to NAC by Bd. of Trustees of College Savings Plans of Nev. by R032-22, eff. 9-28-2022) NE…

NAC 353B.010 Definitions. (NRS 353B.090) As used in NAC 353B.010 to 353B.510, inclusive, unless the context otherwise requires, the words and terms defined in NAC 353B.020 to 353B.090, inclusive, have the meanings ascribed to them in those sections. (Added to NAC by Bd. of Truste…

NAC 353B.020 “Contract” defined. (NRS 353B.090) “Contract” means a prepaid tuition contract, consisting of the provisions of an application for enrollment in the Program and a schedule for participation and payment provided by the Board. (Added to NAC by Bd. of Trustees for Highe…

NAC 353B.030 “Contractual plan” defined. (NRS 353B.090) “Contractual plan” means an option set forth in NAC 353B.150. (Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99)

NAC 353B.040 “Date of matriculation” defined. (NRS 353B.090) “Date of matriculation” means the year that a qualified beneficiary commences his or her attendance at a postsecondary educational institution. (Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R00…

NAC 353B.050 “Eligible educational institution” defined. (NRS 353B.090, 353B.100) “Eligible educational institution” means a school described in paragraph (g) of subsection 3 of NRS 353B.100. For the purposes of that paragraph, the Board will construe the term “accredited” to mea…

NAC 353B.055 “Master agreement” defined. (NRS 353B.090) “Master agreement” means the agreement developed by the Board pursuant to NAC 353B.140. (Added to NAC by Bd. of Trustees of College Savings Plans of Nev. by R055-09, eff. 10-27-2009)

NAC 353B.060 “Program” defined. (NRS 353B.090) “Program” means the Program for the Prepayment of Tuition established pursuant to NRS 353B.010 to 353B.190, inclusive, and NAC 353B.010 to 353B.510, inclusive. (Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R…

NAC 353B.069 “State college” defined. (NRS 353B.090) “State college” means the Nevada State University. (Added to NAC by Bd. of Trustees of College Savings Plans of Nev. by R055-09, eff. 10-27-2009)

NAC 353B.070 “State community college” defined. (NRS 353B.090) “State community college” means: 1. The College of Southern Nevada; 2. Western Nevada College; 3. Truckee Meadows Community College; or 4. Great Basin College. (Added to NAC by Bd. of Trustees for Higher Educ. Tuition…

NAC 353B.080 “State university” defined. (NRS 353B.090) “State university” means: 1. The University of Nevada, Reno; or 2. The University of Nevada, Las Vegas. (Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99)

NAC 353B.090 “Tuition” defined. (NRS 353B.090) “Tuition” means the cost for the enrollment of a full-time student into an eligible educational institution, except for any amounts charged: 1. To nonresident students only; 2. As fines, application fees, entrance fees, parking fees,…

NAC 353B.095 “Accredited” construed. (NRS 353B.090, 353B.100) For the purposes of paragraph (g) of subsection 3 of NRS 353B.100, the Board will construe the term “accredited” to mean that a school has been accredited as a postsecondary educational institution by an accrediting bo…

NAC 353B.140 Development of master agreement by Board; review and amendment. (NRS 353B.090) 1. The Board will develop a master agreement for the Program. The master agreement must include, without limitation: (a) Information concerning the Program; (b) The obligations of the Prog…