Nev. Rev. Stat. ch. 353D – Nevada Employee Savings Trust | Midpage

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Nevada Revised Statutes

Chapter 353D

Nev. Rev. Stat. ch. 353D

Nevada Employee Savings Trust

353D.010Definitions 353D.020Administrative Fund” defined 353D.030“Board” defined 353D.040Compensation” defined 353D.050Contribution rate” defined 353D.060Covered employee” defined 353D.070Covered employer” defined 353D.080Employer” defined 353D.090Individual Retirement Account” defined 353D.100Internal Revenue Code” defined 353D.110Investment fund” defined 353D.120Participant” defined 353D.130Program” defined 353D.140State” defined 353D.150Tax-favored retirement plan” defined 353D.160Trust” defined 353D.170Trustee” defined 353D.180Construction of chapter 353D.200Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation 353D.210Staff and administrative support for Board of Trustees; authority for Board to enter into intergovernmental agreements or contracts for outreach, technical assistance or compliance services; duty of governmental entities to provide information to Board 353D.220Transactions and interests prohibited for members of Board of Trustees, staff and administrators 353D.230Authority of Board of Trustees to borrow money or enter into certain procurement agreements; payment of administrative costs of Program and Trust 353D.240Maintenance of records; annual audit; transmittal of audited financial report; annual report on operation of Program 353D.250Personally identifiable information of participants in Program and account information are confidential; exceptions 353D.260Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited 353D.300General powers of Board of Trustees; regulations 353D.310Requirements 353D.320Immunity of employer; employer not deemed fiduciary 353D.350Nevada Employee Savings Trust: Creation; appointment of Trustee; investments; Board authorized to retain investment adviser; use of assets in Trust; assets in Trust must be held separately from assets of State; exemption from certain laws 353D.360Nevada Employee Savings Trust Administrative Fund: Creation; administration; deposit of money received for Program; use 353D.380Persons who are fiduciaries; standards for discharge of duties by fiduciaries 353D.390Immunity of State and its officers and employees; credit and taxing power of State not pledged