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NRS 353B.150 - Administration by State Treasurer; duties and powers of State Treasurer.

NV Rev Stat § 353B.150 (2019) (N/A)
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1. The State Treasurer shall administer the Trust Fund.

2. As Administrator of the Trust Fund, the State Treasurer:

(a) Shall maintain the financial records of the Trust Fund;

(b) Shall invest the property in the Trust Fund pursuant to the policies for investment established by the Board pursuant to NRS 353B.160;

(c) Shall manage any account associated with the Trust Fund;

(d) Shall maintain any instruments that evidence investments made with property from the Trust Fund;

(e) May contract with vendors for any good or service that is necessary to carry out the provisions of NRS 353B.010 to 353B.190, inclusive;

(f) May hire such employees as are necessary to carry out the provisions of NRS 353B.010 to 353B.190, inclusive; and

(g) May perform any other duties necessary to administer the Trust Fund.

(Added to NRS by 1997, 3483; A 2001, 2163, 2166; 2019, 3905)

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NRS 353B.140 - Creation; sources; nonreversion.
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NRS 353B.155 - Duty of Board to promote and market use of Trust Fund and solicit certain opinions; authority to limit qualified beneficiaries.