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2022 Nevada Revised Statutes
Chapter 397 - Western Regional Education Compact
NRS 397.063 - Nevada Office of the Western Interstate Commission for Higher Education’s Loan and Stipend Fund; use of money in Fund.
Universal Citation: NV Rev Stat § 397.063 (2022)
1. All money received as payment for a loan made pursuant to NRS 397.064 must be accounted for in the Nevada Office of the Western Interstate Commission for Higher Education’s Loan and Stipend Fund which is hereby created as an enterprise fund.
2. The three Nevada State Commissioners, acting jointly, shall administer the Fund, and the money in the Fund must be used solely to provide stipends to participants.
(Added to NRS by 1977, 428; A 1983, 312; 1985, 849; 1997, 125; 2001, 2753; 2003, 940; 2015, 1508; 2021, 2613)
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