NAC353B.720. Prohibition on contributor or designated beneficiary to direct investments of Program; exception.

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Except as permitted by 26 U.S.C. § 529 or any regulations, rulings, announcements or other guidance issued pursuant thereto, no contributor to or designated beneficiary of the Program may directly or indirectly direct the investment of any contributions to the Program or any earnings thereon.

(Added to NAC by St. Treasurer by R185-01, eff. 4-5-2002)

                    
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