Nev. Admin. Code § 353B.360 - Payment of remaining balance in lump sum

Upon the request of a purchaser and receipt of the required fee, the Board will allow the purchaser to pay in a lump sum the remaining balance, if any, of the total amount due pursuant to a contract that provides for the remittance of payments on a monthly basis, unless:

1. The purchaser is in default pursuant to NAC 353B.370; or
2. The contract has been terminated.

Notes

Nev. Admin. Code § 353B.360
Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99

NRS 353B.090

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