NRS 286.150

Monthly meetings of Board; certain closed meetings; designation and term of Chair

Known as the Public Employees’ Retirement Act

The act spans §§ 286–286 (165 sections).

Applied in 1 court decision — leading case 140 Nev. Adv. Op. No. 80 - PUB. EMPLOYEES' RET. SYS. OF NEV. v. LAS VEGAS MANAGERS AND SUPERVISORS ASS'N (2024)

Most recently applied in 140 Nev. Adv. Op. No. 80 - PUB. EMPLOYEES' RET. SYS. OF NEV. v. LAS VEGAS MANAGERS AND SUPERVISORS ASS'N (December 2024)

[Part 4:181:1947; A 1949, 174; 1955, 23]—(NRS A 1973, 854; 1977, 1576)

1. The Board shall meet at least once a month.

2. Meetings of the Retirement Board with investment counsel which are limited to the planning of future investments or the establishment of investment objectives and policies, or with legal counsel which are limited to advice upon claims or suits by or against the System may be closed by the Board.

3. At its first meeting each year, the Board shall designate one of its members to serve as Chair of the Board for the remainder of the year and until the Chair’s successor is designated and takes office.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.