Nev. Admin. Code § 353B.430

Current through October 11, 2024
Section 353B.430 - Death or disability of qualified beneficiary

Upon the receipt of a written request signed by a purchaser and such documentation as the Board deems adequate to prove that the qualified beneficiary has died or become totally disabled, the Board will:

1. Terminate the contract and provide to the purchaser a refund according to the terms of the master agreement; or
2. Amend the contract to change the designation of the qualified beneficiary, subject to the provisions of NAC 353B.310.

Nev. Admin. Code § 353B.430

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 R150-03, 8-25-2004; R055-09, 10-27-2009

NRS 353B.090