Notwithstanding any other provision of law, every distribution to a member must be made pursuant to the provisions of section 401(a)(9) of the Internal Revenue Code, 26 U.S.C. § 401(a)(9), that apply to governmental plans.
NRS 286.533
Limitation on distributions to members of System
Known as the Public Employees’ Retirement Act
The act spans §§ 286–286 (165 sections).
Applied in 1 court decision — leading case Nevada Public Employees' Retirement Board v. Smith (2013)
Most recently applied in Nevada Public Employees' Retirement Board v. Smith (October 2013)
(Added to NRS by 1991, 2354; A 2011, 823)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.