Title 31

NRS 353C.198 Appointment of agent to file application for summary judgment or record certificate of liability against debtor. 1. Notwithstanding any specific statute to the contrary, if an agency has assigned a debt to the State Controller for collection pursuant to NRS 353C.195,…

NRS 353C.200 Contract with private debt collector: Conditions; provisions regarding costs of and fees for collecting debt. 1. Except as otherwise provided in subsection 2, if an agency has assigned a debt to the State Controller for collection pursuant to NRS 353C.195, the State …

NRS 353C.210 Notice of debt and demand to transmit to persons possessing or controlling credits or other personal property of, or owing debts to, debtor; limitations on and liability for transfer or disposition of property; hearing required; regulations governing hearings. 1. Not…

NRS 353C.220 Bad debts: Designation; removal from books of account of State; effect of removal; master file. 1. Except as otherwise provided in NRS 463.123, if the State Controller determines that it is impossible or impractical to collect a debt, the State Controller may request…

NRS 353C.222 Selling certain debt in lieu of requesting designation of debt as bad debt; deposit of money received from sale of debt. 1. If the period of limitation for the collection of a debt set forth in NRS 353C.140 has expired, the State Controller may, in lieu of requesting…

NRS 353C.224 Distribution of money collected from debtor. 1. If the State Controller collects any money owed to an agency from a debtor or receives any money from the employer of a debtor or a private debt collector or other person to whom the State Controller has assigned the co…

NRS 353C.226 Debt Recovery Account: Creation; use; expenditure of money in Account. 1. The Debt Recovery Account is hereby created in the State General Fund. 2. Money in the Account may only be used for support of the debt collection efforts of the State Controller pursuant to th…

NRS 353C.230 Remedies of state are supplemental; additional remedies unimpaired. The remedies of this state provided for in this chapter are intended to supplement existing remedies applicable to the collection of debts. Nothing contained in this chapter shall be construed to lim…

NRS 353C.240 Development and operation of system for matching data to collect debts: Duties and liability of State Controller and financial institutions; use of system; confidentiality. 1. The State Controller shall enter into agreements with financial institutions doing business…

NRS 353D.010 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 353D.020 to 353D.170, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2023, 2804)

NRS 353D.020 “Administrative Fund” defined. “Administrative Fund” means the Nevada Employee Savings Trust Administrative Fund created by NRS 353D.360. (Added to NRS by 2023, 2804)

NRS 353D.030 “Board” defined. “Board” means the Board of Trustees of the Nevada Employee Savings Trust created by NRS 353D.200. (Added to NRS by 2023, 2804)

NRS 353D.040 “Compensation” defined. “Compensation” means compensation within the meaning of section 219(f)(1) of the Internal Revenue Code, 26 U.S.C. § 219(f)(1), that is received by a covered employee from a covered employer. (Added to NRS by 2023, 2804)

NRS 353D.050 “Contribution rate” defined. “Contribution rate” means the percentage of a covered employee’s compensation that is withheld from the covered employee’s compensation and paid to the Individual Retirement Account established or maintained for the covered employee throu…

NRS 353D.060 “Covered employee” defined. 1. “Covered employee” means a person who: (a) Is employed by a covered employer for not less than 120 days; (b) Has wages or other compensation that is allocable to the State; and (c) Is at least 18 years of age. 2. For purposes of the inv…

NRS 353D.070 “Covered employer” defined. “Covered employer” means an employer that: 1. Employs more than five persons in this State; 2. Has been in business for at least 36 months; and 3. Has not maintained a tax-favored retirement plan for its employees or has not done so in an …

NRS 353D.080 “Employer” defined. 1. Except as otherwise provided in subsection 2, “employer” means a person or entity engaged in a business, profession, trade or other enterprise in this State, whether for profit or not for profit, that employs one or more persons in this State. …

NRS 353D.090 “Individual Retirement Account” defined. “Individual Retirement Account” means an individual retirement account or an individual retirement annuity established under section 408 or 408A of the Internal Revenue Code, 26 U.S.C. § 408 or 408A. (Added to NRS by 2023, 280…

NRS 353D.100 “Internal Revenue Code” defined. “Internal Revenue Code” means the federal Internal Revenue Code of 1986, as amended. (Added to NRS by 2023, 2805)

NRS 353D.110 “Investment fund” defined. “Investment fund” means an investment portfolio established by the Board within the Trust for investment purposes. (Added to NRS by 2023, 2805)

NRS 353D.120 “Participant” defined. “Participant” means a person who contributes to an Individual Retirement Account established or maintained through the Program or has an account balance in an Individual Retirement Account established or maintained through the Program. (Added t…

NRS 353D.130 “Program” defined. “Program” means the Nevada Employee Savings Trust Program established by the Board pursuant to NRS 353D.300. (Added to NRS by 2023, 2805)

NRS 353D.140 “State” defined. “State” means the State of Nevada. (Added to NRS by 2023, 2805)

NRS 353D.150 “Tax-favored retirement plan” defined. “Tax-favored retirement plan” means a retirement plan that is tax-qualified under or is described in and satisfies the requirements of section 401(a), 401(k), 403(a), 403(b), 408(k) or 408(p) of the Internal Revenue Code, 26 U.S…

NRS 353D.160 “Trust” defined. “Trust” means the Nevada Employee Savings Trust created pursuant to NRS 353D.350 and each Individual Retirement Account trust or annuity contract allocated to the Nevada Employee Savings Trust pursuant to NRS 353D.350. (Added to NRS by 2023, 2805)

NRS 353D.170 “Trustee” defined. “Trustee” means the Trustee of the Trust appointed by the Board pursuant to subsection 2 of NRS 353D.350. (Added to NRS by 2023, 2805)

NRS 353D.180 Construction of chapter. This chapter, being necessary to secure the public health, safety, convenience and welfare, must be liberally construed to effect its purposes. (Added to NRS by 2023, 2813) ADMINISTRATION

NRS 353D.200 Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation. 1. There is hereby created the Board of Trustees of the Nevada Employee Savings Trust. 2. The Board consists of: (a) The State Treasurer or the designee of the State Tre…

NRS 353D.210 Staff and administrative support for Board of Trustees; authority for Board to enter into intergovernmental agreements or contracts for outreach, technical assistance or compliance services; duty of governmental entities to provide information to Board. 1. The State …

NRS 353D.220 Transactions and interests prohibited for members of Board of Trustees, staff and administrators. A member of the Board and a person who serves on the staff of the Board or as an administrator of the Program shall not: 1. Directly or indirectly have any interest in t…

NRS 353D.230 Authority of Board of Trustees to borrow money or enter into certain procurement agreements; payment of administrative costs of Program and Trust. 1. The Board may, to enable or facilitate the start up and continuing operation, maintenance, administration and managem…

NRS 353D.240 Maintenance of records; annual audit; transmittal of audited financial report; annual report on operation of Program. 1. The Board shall cause an accurate account of all the activities, operations and receipts and expenditures of the Board, Program and Trust to be ma…

NRS 353D.250 Personally identifiable information of participants in Program and account information are confidential; exceptions. Except to the extent necessary to administer the Program, personally identifiable information relating to individual participants in the Program, incl…

NRS 353D.260 Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited. 1. An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge …

NRS 353D.300 General powers of Board of Trustees; regulations. The Board is authorized and empowered to: 1. Design, establish, and operate the Nevada Employee Savings Trust Program; 2. Enter into contracts necessary or desirable for the administration of the Program, including, w…

NRS 353D.310 Requirements. The Program designed, established and operated by the Board pursuant to NRS 353D.300 must provide, without limitation, that: 1. Each covered employer shall automatically enroll the covered employee in the Program or in a similar program offered by a tra…

NRS 353D.320 Immunity of employer; employer not deemed fiduciary. 1. A covered employer or other employer may not be held liable for: (a) An employee’s decision to participate in or opt out of the Program; (b) A participant’s or the Board’s investment decisions; (c) The administr…

NRS 353D.350 Nevada Employee Savings Trust: Creation; appointment of Trustee; investments; Board authorized to retain investment adviser; use of assets in Trust; assets in Trust must be held separately from assets of State; exemption from certain laws. 1. The Nevada Employee Savi…

NRS 353D.360 Nevada Employee Savings Trust Administrative Fund: Creation; administration; deposit of money received for Program; use. 1. The Nevada Employee Savings Trust Administrative Fund is hereby created in the State Treasury. 2. The Board shall administer the Administrative…

NRS 353D.380 Persons who are fiduciaries; standards for discharge of duties by fiduciaries. 1. Each member of the Board, the Trustee and each investment adviser or other person who has control of the assets of the Trust is a fiduciary with respect to the Trust and each Individual…

NRS 353D.390 Immunity of State and its officers and employees; credit and taxing power of State not pledged. 1. The State and any employee or officer thereof, the Board and any member of the Board or employee thereof and the Program: (a) Have no responsibility for compliance by p…

NRS 354.105 Creation; appointment of members; terms; vacancies; Chair and Vice Chair; meetings; quorum; allowances and expenses; administrative support. 1. The Committee on Local Government Finance, consisting of 11 members, is hereby created. 2. The following associations shall …

NRS 354.107 Regulations. 1. The Committee on Local Government Finance may adopt such regulations as are necessary for the administration of this chapter. 2. The Committee on Local Government Finance shall adopt regulations prescribing the format of the financial statement posted …

NRS 354.140 Distribution of federal money from forest reserves; reimbursement for cost of audit. 1. The money paid to the State of Nevada by the Secretary of the Treasury under the provisions of 16 U.S.C. § 500, providing for the payment to states and territories of a fixed perce…

NRS 354.150 Transfer of balance of dormant fund. 1. Subject to the provisions of subsection 2, a board of county commissioners may order the transfer of any balance which is dormant in any fund to the county general fund whenever the money remaining in the fund is no longer requi…

NRS 354.170 Order of district judge or district court drawing money from county treasury. Except as otherwise provided in NRS 6.160 or 50.225, in every case in which the district court or district judge is authorized by law to order any money to be paid out of the county treasury…