Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 375A.710 — Committee on the Estate Tax Account for the Endowment of the Nevada System of Higher Education: Creation; composition; terms of members; duties
NRS 375A.710 Committee on the Estate Tax Account for the Endowment of the
Nevada System of Higher Education: Creation; composition; terms of members;
duties.
1. There is hereby created the Committee
on the Estate Tax Account for the Endowment of the Nevada System of Higher
Education, composed of:
(a) Two members of the Board of Regents of the
University of Nevada, appointed by the Chair of the Board with the approval of
the other members.
(b) Two members who are administrators of the
Nevada System of Higher Education, appointed by the Chancellor of the Nevada
System of Higher Education.
(c) Two members who are members of the faculty of
the Nevada System of Higher Education, appointed by the faculty.
(d) One member who is a student, appointed by the
student governments of the Nevada System of Higher Education.
2. If any authority having the power to
appoint a member of the Committee ceases to exist, the Governor shall exercise
that power in a manner consistent with the intent of this section.
3. The member of the Committee who is
appointed pursuant to paragraph (d) of subsection 1 shall serve a term of 1
year. All other members of the Committee shall serve terms of 3 years.
4. The Committee shall make
recommendations to the Board of Regents of the University of Nevada concerning
the expenditure of the money in the Estate Tax Account in the Endowment Fund.
ADMINISTRATION
Source: official text