Nevada § 353D.200 - Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation

Full text of Nevada Nevada Revised Statutes § 353D.200 — Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation, with citation guidance and answers to common questions.

§ 353D.200. Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation

1. There is hereby created the Board of Trustees of the Nevada Employee Savings Trust. 2. The Board consists of: (a) The State Treasurer or the designee of the State Treasurer; (b) The Lieutenant Governor or the designee of the Lieutenant Governor; (c) One member, appointed by the Governor, who represents employers; (d) One member, appointed by the Governor, who has experience in the field of investments; (e) One member, appointed by the Majority Leader of the Senate, who represents retirees;

and (f) One member, appointed by the Speaker of the Assembly, who has experience in small

business. 3. Each appointed member serves a term of 4 years unless dismissed for cause. Members may be reappointed for additional terms of 4 years in the same manner as the

original appointments. 4. Any vacancy occurring in the appointed membership of the Board must be filled in

the same manner as the original appointment for the remainder of the unexpired term. 5. The State Treasurer or the designee of the State Treasurer shall serve as the Chair

of the Board. 6. The Board shall meet at the call of the Chair as frequently as required to perform

its duties. 7. A majority of the members of the Board constitutes a quorum for the transaction

of business, and a majority of a quorum present at any meeting is sufficient for any

official action taken by the Board. 8. Each member of the Board serves without compensation, except that each member is

entitled to receive: (a) The per diem allowance and travel expenses provided for state officers and employees

generally; and (b) Reimbursement for any other actual and reasonable expense incurred while performing

the member's duties.

Source: official Nevada text · Last verified 2026-08-27

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Frequently Asked Questions About Nevada § 353D.200

What does Nevada Revised Statutes § 353D.200 cover?

Section 353D.200 ("Board of Trustees: Creation; membership; terms; vacancies; Chair; meetings; quorum; compensation") 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 § 353D.200?

A common citation format is "Nevada Revised Statutes § 353D.200" (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 § 353D.200 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.