“Endowment fund” defined.

Nev. Rev. Stat. § 164.647
in effect
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“Endowment fund” means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-164.htmlFetched: 10/4/2026