Title 23

NRS 286.679 Disposition of surplus of contributions if payments to beneficiary cease. 1. If payments to a beneficiary pursuant to NRS 286.671 to 286.679, inclusive, cease before the total contributions of a deceased member have been paid in benefits, and there is no person entitl…

NRS 286.6793 Time of vesting; vesting of benefits upon termination of System. 1. The retirement allowance for a member who: (a) Ceased being an active member before July 1, 1989, vested on the date that the employee completed 10 years of accredited contributing service; and (b) I…

NRS 286.680 Investment by Board of money in funds; qualifications and employment of investment counsel; employment of other services; liability for investment decisions. 1. In addition to the provisions of chapter 355 of NRS, the Board may invest and reinvest the money in its fun…

NRS 286.682 Authorized investments: “Prudent person” standard. The Board may invest the money in its funds in every kind of investment which persons of prudence, discretion and intelligence acquire or retain for their own account. (Added to NRS by 1973, 850; A 1975, 1062; 1997, 1…

NRS 286.701 Definitions. As used in NRS 286.701 to 286.725, inclusive, unless the context otherwise requires, the words and terms defined in NRS 286.703 to 286.719, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2009, 2776)

NRS 286.703 “Active business operations” defined. “Active business operations” means all business operations that are not inactive business operations. (Added to NRS by 2009, 2776)

NRS 286.705 “Business operations” defined. “Business operations” means investing, with actual knowledge on or after August 5, 1996, in Iran’s petroleum sector, which investment directly and significantly contributes to the enhancement of Iran’s ability to develop the petroleum re…

NRS 286.707 “Company” defined. “Company” means any foreign sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited-liability partnership, limited-liability company, or any other foreign entity or business association, …

NRS 286.709 “Direct holdings” defined. “Direct holdings” means all publicly traded equity securities of a company that are held directly by the public fund or in an account or fund in which the public fund owns all shares or interests. (Added to NRS by 2009, 2776)

NRS 286.711 “Inactive business operations” defined. “Inactive business operations” means the continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for that purpose. (Added to NRS by 2009, 2776)

NRS 286.713 “Iran” defined. “Iran” means the Islamic Republic of Iran. (Added to NRS by 2009, 2776)

NRS 286.715 “Petroleum resources” defined. “Petroleum resources” means petroleum or natural gas. (Added to NRS by 2009, 2776)

NRS 286.717 “Scrutinized business operations” defined. “Scrutinized business operations” means any active business operations that: 1. Are subject to or liable for sanctions under the Iran Sanctions Act of 1996, Public Law 104-172, as amended; and 2. Involve the maintenance of: (…

NRS 286.719 “Scrutinized company” defined. “Scrutinized company” means any company engaging in scrutinized business operations. (Added to NRS by 2009, 2777)

NRS 286.721 Board to identify, review and create list of investments in scrutinized companies. 1. Except as otherwise provided in NRS 286.725, the Board shall identify those scrutinized companies in which the System has direct holdings. In making the determination, the Board shal…

NRS 286.723 Board to prepare report of investments in scrutinized companies. 1. Except as otherwise provided in NRS 286.725, the Board shall prepare an annual report of investments of money from the System in scrutinized companies as identified pursuant to NRS 286.721. The report…

NRS 286.725 Inapplicability to certain investments. The provisions of NRS 286.721 and 286.723 do not apply to: 1. Money invested in a defined contribution plan that is authorized by the Internal Revenue Code and administered by the Board; or 2. Investments in a company that is pr…

NRS 286.735 Definitions. As used in NRS 286.735 to 286.749, inclusive, unless the context otherwise requires, the words and terms defined in NRS 286.737 to 286.745, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2017, 1613)

NRS 286.737 “Boycott of Israel” defined. 1. “Boycott of Israel” means, except as otherwise provided in subsection 2, refusing to deal or conduct business with, abstaining from dealing or conducting business with, terminating business or business activities with or performing any …

NRS 286.739 “Company” defined. “Company” means any domestic or foreign sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited-liability partnership, limited-liability company, or other domestic or foreign entity or bu…

NRS 286.741 “Direct holdings” defined. “Direct holdings” means all publicly traded equity securities of a company that are held directly by the public fund or in an account or fund in which the public fund owns all shares or interests. (Added to NRS by 2017, 1613)

NRS 286.743 “Public fund” defined. “Public fund” means a trust fund administered by the Board pursuant to this chapter. (Added to NRS by 2017, 1613)

NRS 286.745 “Scrutinized company” defined. “Scrutinized company” means any company that engages in a boycott of Israel. (Added to NRS by 2017, 1613)

NRS 286.747 Board to identify, review and create list of investments in scrutinized companies. 1. The Board shall identify each scrutinized company in which the System has direct holdings. In making the identification, the Board shall review and rely on publicly available informa…

NRS 286.749 Board to prepare report of investments in scrutinized companies. 1. The Board shall prepare an annual report of investments of money from the System in scrutinized companies as identified pursuant to NRS 286.747. The report must include the amount of money allocated i…

NRS 286.802 Board of Regents to establish separate program for retirement of certain employees; contributions; enrollment. 1. The Board of Regents of the University of Nevada shall provide a retirement program separate from the Public Employees’ Retirement System. The program mus…

NRS 286.804 Program may be separate system or fund; participation in larger system or fund; provision of benefits through investment entity or combination of entities. 1. The retirement program may be a separate system or fund or may participate in a larger system or fund with re…

NRS 286.808 Contributions; payment by Board of Regents on behalf of participant. 1. The Board of Regents of the University of Nevada shall contribute on behalf of each participant an amount equal to 10 percent of the participant’s gross compensation during continuance of employme…

NRS 286.810 Designation of investment entities; approval of contracts. The Board of Regents of the University of Nevada shall designate the investment entities to provide investment services under the retirement program and shall approve the form and contents of the contracts. In…

NRS 286.812 Administration of program. The Board of Regents of the University of Nevada shall provide for the administration of the program and perform all functions which may be necessary for the accomplishment of the program. (Added to NRS by 1969, 243; A 1977, 1597)

NRS 286.814 Participants ineligible for membership in Public Employees’ Retirement System. Any member of the professional staff of the Nevada System of Higher Education enrolled in the retirement program is ineligible for membership in the Public Employees’ Retirement System so l…

NRS 286.816 Benefits payable only by designated investment entities. A retirement, death or other benefit must not be paid by the State of Nevada or the Board of Regents of the University of Nevada under the retirement program. Benefits are payable to participating employees or t…

NRS 286.820 False statement or certification; withholding of information. Any person who knowingly makes a false statement, certifies to an incorrect document or withholds information for the purpose of receiving or assisting another person in receiving benefits under this chapte…

NRS 287.005 Inapplicability of certain provisions enacted after January 1, 2011, to certain nonprofit entities. Any provision of this chapter which is enacted after January 1, 2011, and requires coverage for screening, diagnosis or treatment of any specific medical condition, or …

NRS 287.007 Inapplicability of chapter regarding matters within scope of collective bargaining agreements. To the extent that they are inconsistent or otherwise in conflict, the provisions of this chapter do not apply to any terms and conditions of employment that are properly wi…

NRS 287.010 Local governmental agency may adopt system of group insurance; payment of costs of premiums or contributions; provision of group insurance to members of board of trustees of school district and to officers and employees of legal services organization. 1. The governing…

NRS 287.012 Local governmental agency may use list of preferred prescription drugs developed by Nevada Health Authority and obtain prescription drugs through certain purchasing agreements. A governing body of a county, school district, municipal corporation, political subdivision…

NRS 287.015 Trust fund to provide health and welfare benefits: Establishment; contributions; administration. 1. A local government employer and any employee organization that is recognized by the employer pursuant to chapter 288 of NRS may, by written agreement between themselves…

NRS 287.017 Trust fund for future retirement benefits of local governmental employees and their spouses and dependents. 1. Notwithstanding any other provision of law, the governing body of any local government which provides retirement benefits to retired employees of that local …

NRS 287.020 Local governmental agency may adopt system of medical and hospital service; payment of part of dues for membership; coverage of members of board of trustees of school district. 1. The governing body of any county, school district, municipal corporation, political subd…

NRS 287.0205 Reinstatement of insurance by retired public officer or employee or surviving spouse. 1. A public officer or employee of any county, school district, municipal corporation, political subdivision, public corporation or other local governmental agency of the State of N…

NRS 287.021 Option of surviving spouse or child of police officer or firefighter killed in line of duty to accept or continue coverage for group insurance, plan of benefits or medical and hospital service; notification; payment of costs for coverage; duration of eligibility. 1. E…

NRS 287.023 Option of retired officer or employee or dependent to cancel or continue group insurance, plan of benefits, medical and hospital service or coverage under Public Employees’ Benefits Program; notice of selection of option; payment of costs for coverage. 1. Whenever an …

NRS 287.024 Option of former member of board of trustees of school district to cancel or continue coverage for group insurance, plan of benefits or medical and hospital service; payment of costs for coverage; notice of selection of option. 1. If a member of the board of trustees …

NRS 287.025 Local governmental agency may contract with Public Employees’ Benefits Program or other local governmental agency or participate as member of nonprofit cooperative association or corporation for group insurance, related medical services or health-related information. …

NRS 287.027 Coverage for colorectal cancer screening required to be provided by local governmental agency that provides health insurance through plan of self-insurance. The governing body of any county, school district, municipal corporation, political subdivision, public corpora…