Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 349.223. Sale of securities as investment to defray anticipated costs of college

(a) The resolution authorizing its issuance states that purpose and the State Board of Finance approves the sale for that purpose; and

(b) The resolution for issuance provides for the payment of compound interest on the securities.

(a) May describe the securities by a designation including the word “saving” or the phrase “saving for college”;

(b) Must include a disclaimer that the State does not guarantee that the amount received at maturity will be adequate to meet the costs of college or other intended purpose; and

(c) Must include a disclaimer that the State does not guarantee the price for which a security may be sold before it matures.