GroundRules
NRS 353D.260: Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited.
Where this section sits in the code
- TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION
- CHAPTER 353D - NEVADA EMPLOYEE SAVINGS TRUST
- NEVADA EMPLOYEE SAVINGS TRUST PROGRAM; NEVADA EMPLOYEE SAVINGS TRUST; ADMINISTRATIVE FUND
- Nevada Employee Savings Trust Program
1. An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust.
2. The Board may not impose any obligations on the State or pledge the credit of the State.
Collected 2026-09-03T05:51:37Z. Source file · JSON