Nevada § 287.430 - Fund for administration of money and other assets; deferred compensation and related income, property and rights held in trust
Full text of Nevada Nevada Revised Statutes § 287.430 — Fund for administration of money and other assets; deferred compensation and related income, property and rights held in trust, with citation guidance and answers to common questions.
§ 287.430. Fund for administration of money and other assets; deferred compensation and related income, property and rights held in trust
1. The governing body of a political subdivision may create an appropriate fund for
administration of money and other assets resulting from compensation deferred under
the program. 2. All amounts of compensation deferred pursuant to the program, all property and
rights purchased with those amounts, and all income attributable to those amounts,
property or rights must, in accordance with 26 U.S.C. § 401(a) or 457(g) , as applicable, be held in trust for the exclusive benefit of the participants in
the program and their beneficiaries.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 287.430
What does Nevada Revised Statutes § 287.430 cover?
Section 287.430 ("Fund for administration of money and other assets; deferred compensation and related income, property and rights held in trust") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 287.430?
A common citation format is "Nevada Revised Statutes § 287.430" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 287.430 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.