286.287 - Board to consider investments: Meetings; duties. - Nevada Statutes

286.287  Board to consider investments: Meetings; duties.  The Board shall meet at least monthly to consider investments. At each of its meetings it shall:

      1.  Review, and if appropriate direct changes in, the investment portfolio of the System.

      2.  Recommend any appropriate changes in the investment objectives and policies.

      3.  Acknowledge and process investment suggestions forwarded to it by members of the System.

      4.  Provide for investment practice explanations to all members of the System when such explanations seem appropriate.

      (Added to NRS by 1973, 859; A 1975, 1035; 1977, 1580)

      NRS 286.288  Liaison officer between System and members or employers; responsibility of System for inaccurate or misleading information.  Each participating public employer or group of such employers shall select an employee as liaison officer to certify records and coordinate matters pertaining to retirement between the System and members or participating public employers. The System is responsible for any inaccurate or misleading information provided to any person or agency by an officer or employee of the System but is not responsible for inaccurate or misleading information provided by an officer or employee of a participating public employer or any other person.

      (Added to NRS by 1975, 1035; A 1979, 748; 2009, 1575)