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NFHS - Unless you have definitive knowledge (i.e. an arm swing count), leave the clock where it is. In your example of an immediate tip out of bounds, cannot take anything off. I don't have my book in front of me but I believe that for NFHS, even under a minute, you leave the clock where it is. NCAAW and NCAAM specifically address this under a minute situation and take off .3 sec if the game clock doesn't move.
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