2 courses with the subject NRS, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
NRS 394480, the bond must be used to
indemnify the student or enrollee before any money in the Account may be used for indemnification. 4. In addition to the expenditures made for indemnification pursuant to subsection 2, the Administrator may use the money in the Account to pay extraordinary expenses incurred to investigate claims for indemnification or resulting from the discontinuance of the operation of a postsecondary educational institution licensed in this state. Money expended pursuant to this subsection must not exceed, for each institution for which indemnification is made, 15 percent of the total amount expended for indemnification pursuant to subsection 2 or $10,000, whichever is less. 5. No expenditure may be made from the Account if the expenditure would cause the balance in the Account to fall below $10,000. 6. Interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account. Galen College of Nursing | Louisville Campus STUDENT CA 7. The money in the Account does not lapse to the State General Fund at the end of any fiscal year. Nevada Board of Nursing 4220 S Maryland Pkwy #300 Las Vegas, NV 89119
indemnify the student or enrollee before any money in the Account may be used for indemnification. 4. In addition to the expenditures made for indemnification pursuant to subsection 2, the Administrator may use the money in the Account to pay extraordinary expenses incurred to investigate claims for indemnification or resulting from the discontinuance of the operation of a postsecondary educational institution licensed in this state. Money expended pursuant to this subsection must not exceed, for each institution for which indemnification is made, 15 percent of the total amount expended for indemnification pursuant to subsection 2 or $10,000, whichever is less. 5. No expenditure may be made from the Account if the expenditure would cause the balance in the Account to fall below $10,000. 6. Interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account. Galen College of Nursing | Louisville Campus STUDENT CA 7. The money in the Account does not lapse to the State General Fund at the end of any fiscal year. Nevada Board of Nursing 4220 S Maryland Pkwy #300 Las Vegas, NV 89119