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NRS 387.1253 - Creation of Account; use of money in Account; acceptance of gifts, grants, bequests and donations. [Effective through June 30, 2021.]

NV Rev Stat § 387.1253 (2019) (N/A)
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1. The Teachers’ School Supplies Assistance Account is hereby created in the State General Fund. The Department shall administer the Account.

2. The money in the Account must be invested as other money of the State is invested. All interest and income earned on the money in the Account must be credited to the Account.

3. The money in the Account must be used only for the purposes specified in NRS 387.1255.

4. Any money remaining in the Account at the end of a fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward.

5. The Department may accept gifts, grants, bequests and donations from any source for deposit in the Account.

(Added to NRS by 2015, 2874; A 2019, 3224; R 2019, 4253, effective July 1, 2021)

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NRS 387.1251 - “Teacher” defined. [Effective through June 30, 2021.]
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NRS 387.1255 - Distribution of money in Account; board of trustees and governing body to establish special revenue fund; use of money in special revenue fund. [Effective through June 30, 2021.]