NRS 397.062
Western Interstate Commission for Higher Education’s Account for Administrative Expenses.


1.

There is hereby created an account in the State General Fund entitled the Western Interstate Commission for Higher Education’s Account for Administrative Expenses. Any money received by the three Nevada State Commissioners as the proceeds of any penalty or appropriated or authorized from the State General Fund for the purposes of carrying out the provisions of this chapter must be deposited in this Account.

2.

The three Nevada State Commissioners, acting jointly, shall administer the Account and the money in the Account must be used to:

(a)

Pay miscellaneous expenses incurred in administering the Western Interstate Commission for Higher Education’s Loan and Stipend Fund; and

(b)

Pay expenses incurred in collecting money due the State from a loan or a stipend granted from the Western Interstate Commission for Higher Education’s Loan and Stipend Fund.

3.

The money in the Account may be used by the three Nevada State Commissioners, acting jointly, to:

(a)

Pay dues to the Western Interstate Commission for Higher Education; and

(b)

Pay administrative expenses of the Nevada Office of the Western Interstate Commission for Higher Education.

Source: Section 397.062 — Western Interstate Commission for Higher Education’s Account for Administrative Expenses., https://www.­leg.­state.­nv.­us/NRS/NRS-397.­html#NRS397Sec062.

397.005
“State” defined.
397.010
Execution of compact authorized
397.020
Form and contents.
397.030
Commissioners: Number
397.040
Authority of state officers
397.050
Western Regional Higher Education Compact Account: Creation
397.055
Contract with institution or state outside region.
397.060
Choice and certification of applicants
397.062
Western Interstate Commission for Higher Education’s Account for Administrative Expenses.
397.063
Western Interstate Commission for Higher Education’s Loan and Stipend Fund
397.064
Required terms of participant loans made on or after July 1, 1985
397.065
Repayment of state’s contributions for stipends by participant who received stipend before July 1, 1995.
397.066
Insurance as security for stipend or loan
397.067
Conditions under which immediate repayment of loan may be required.
397.068
Penalties for failure to comply with regulations.
397.069
Extension of period for repayment of loan or stipend.
397.070
Accounts, biennial reports and recommendations.
397.080
Signing Compact.
397.0557
Western Interstate Commission for Higher Education authorized to apply for and accept grants
397.0615
Support fee to be provided to chosen applicant
397.0617
Condition to receipt of support fee: Requirement that certain participants practice profession in health professional shortage area, medically underserved area or to benefit medically underserved population
397.0645
Period that participant must practice profession in Nevada to avoid repayment of state contributions
397.0653
Repayment of stipends received on or after July 1, 1995
397.0655
Delegation of negotiation of terms of repayment.
397.0685
Reduction of period of required practice.
397.0695
Credit on loan for professional services provided without compensation.
Last Updated

Jun. 24, 2021

§ 397.062’s source at nv​.us