397.0655 - Delegation of negotiation of terms of repayment. - Nevada Statutes

397.0655  Delegation of negotiation of terms of repayment.  The three Nevada State Commissioners may, by regulation, delegate to the Director of the Western Interstate Commission for Higher Education the authority to negotiate the terms of repayment, including how and when payments will be made on loans or stipends in default. The three Nevada State Commissioners may not delegate the authority to reduce the principal balance owing.

      (Added to NRS by 1995, 356; A 2003, 942)