NRS 388D.325 - Creation and administration of Program Account; acceptance of certain money.

NV Rev Stat § 388D.325 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. The Nevada National Guard Youth Challenge Program Account is hereby created in the State General Fund.

2. The Office of the Military shall administer the Account. The money in the Account must be expended only to carry out the provisions of NRS 388D.300 to 388D.370, inclusive.

3. The Office of the Military may apply for and accept any gift, donation, bequest, grant, transfer from the State or a school district or other source of money for deposit in the Account.

4. The interest and income earned on the money in the Account, after deducting applicable charges, must be credited to the Account.

5. The money in the Account must remain in the Account and does not revert to the State General Fund at the end of any fiscal year.

(Added to NRS by 2019, 1981)