Nevada Revised Statutes 427A.890 – State Treasurer authorized to delegate powers and duties; contracts with other states
1. The State Treasurer may delegate any of its administrative powers and duties specified in NRS 427A.882 to 427A.896, inclusive, if the State Treasurer determines that such delegation is necessary for the efficient and effective administration of the Nevada ABLE Savings Program and the Trust Fund.
Terms Used In Nevada Revised Statutes 427A.890
- Contract: A legal written agreement that becomes binding when signed.
2. In carrying out the provisions of NRS 427A.882 to 427A.896, inclusive, the State Treasurer may contract with one or more other states to:
(a) Provide for the administration of all or part of the Nevada ABLE Savings Program by another state;
(b) Authorize the State Treasurer to administer all or part of a qualified ABLE program of another state; or
(c) Jointly administer the Nevada ABLE Savings Program with a qualified ABLE program of one or more other states.