There is a newer version of the Nevada Revised Statutes
2011 Nevada Revised Statutes
Chapter 287 - Programs for Public Employees
NRS 287.401 - Deferred compensation defined.
NV Rev Stat § 287.401 (2011) What's This?
Deferred compensation means income which an employee of a political subdivision may legally set aside under the program, which may consist of one or more plans authorized by 26 U.S.C. 401(a), 401(k) or 457 and which income, while invested under the program, is exempt from federal income taxes on the employee s contributions and interest, dividends and capital gains.
(Added to NRS by 1979, 799; A 1985, 1124; 2001, 1005)
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