Statute 422a 489

'Fiduciary organization' means an organization that is selected pursuant to NRS 422A.496 to administer state money directed to individual development accounts and is a nonprofit organization which: 1. Conducts fundraising activities; and 2. Is exempt from taxation pursuant to section 501(c)(3) of the Internal Revenue Code, 26 U.S.C. § 501(c)(3). (Added to NRS by 2021, 1550)