NRS397.066. Insurance as security for stipend or loan; joint liability on stipend or loan.

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The three Nevada State Commissioners, acting jointly, may require:

1. A student to acquire, as security for a stipend or student loan, insurance on the student’s life and on the student’s health or against his or her disability, or both.

2. That a financially responsible person agree to be jointly liable with the recipient for the repayment of the loan or stipend.

(Added to NRS by 1985, 847; A 2003, 942)

                    
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