Nev. Admin. Code § 353B.170 - Eligibility to be purchaser or qualified beneficiary
Current through October 13, 2021
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NAC 353B.170 Eligibility to be purchaser or qualified beneficiary. (NRS 353B.090)
1. A purchaser may be any person or legal entity other than the qualified beneficiary designated for the contract.
2. At the time of enrollment in the Program, a qualified beneficiary must not yet have:
(a) Completed the ninth grade of school; or
(b) Attained the age of 18 years.
3. The purchaser or the qualified beneficiary must be a resident of this State at the time of enrollment in the Program, or the purchaser must hold a degree or certificate from a state university, state college or state community college.
(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)