Nevada Administrative Code (Last Updated: January 6, 2015)

NAC355.320. Use of earnings of certain funds to defray fees of Fund of Funds Manager.

Latest version.

To defray any administrative or management fees charged by the Fund of Funds Manager pursuant to the contract between the Corporation and the Fund of Funds Manager, the Corporation may place money in a fixed income mutual fund or common trust fund approved by the Board. Upon Board approval, the Corporation may use the earnings of the mutual fund or common trust fund to pay the administrative or management fees of the Fund of Funds Manager.

(Added to NAC by St. Treasurer by R128-11, eff. 2-20-2013)

                    
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