Nebraska CLASS is supervised by a Board of Trustees comprised of eligible Participants of the Nebraska CLASS program. The Board of Trustees supervises Nebraska CLASS and its affairs and acts as the liaison between the Participants, the Custodian, and the Program Administrator. The Board administers the affairs of Nebraska CLASS and enters into contracts and agreements on behalf of the Program. It also selects the Program Administrator, Investment Advisor, and the Custodian subject to the terms of the Declaration of Trust and Interlocal Agreement.

The members below constitute the Nebraska CLASS Board of Trustees. The Board may expand membership of the Board of Trustees and set initial terms for each additional Trustee, but the number of Trustees thereafter shall never be less than three nor more than thirteen.