Fiduciary organization defined.
Nev. Rev. Stat. § 422A.489
in effectFiduciary organization means an organization that is selected pursuant to NRS 422A.496 to administer state money directed to individual development accounts and is a nonprofit organization which:
1. Conducts fundraising activities; and
2. Is exempt from taxation pursuant to section 501(c)(3) of the Internal Revenue Code, 26 U.S.C. § 501(c)(3).
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-422A.htmlFetched: 10/4/2026