Nev. Admin. Code § 353B.190

Current through October 11, 2024

Section 353B.190 - Designation of legal successor of applicant or purchaser

An applicant for enrollment in the Program or a purchaser may submit to the Board a written designation of a person to serve as the legal successor of the applicant or purchaser for the purposes of the contract in the event that the applicant or purchaser dies before the contract is discharged. A person so designated:

1. Must not be the qualified beneficiary for the contract; and

2. May request and receive from the Board any information regarding the contract, but may exercise no other rights regarding the contract during the lifetime of the purchaser.

Nev. Admin. Code § 353B.190

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

NRS 353B.090