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NRS 417.148 - Revolving accounts: Creation; purpose; transfer of money from Veterans Home Account.

NV Rev Stat § 417.148 (2019) (N/A)
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1. A revolving account up to the amount of $2,000 is hereby created for each veterans’ home, and may be used for the payment of bills of the veterans’ home requiring immediate payment and for no other purpose. The administrator of a veterans’ home shall deposit the money for the revolving account for the veterans’ home in a bank, credit union, savings and loan association or savings bank qualified to receive deposits of public money. The revolving account must be under the control of the administrator of the veterans’ home for which the account was created.

2. The Director may transfer such amounts of money from the Veterans Home Account to a revolving account as the Director determines necessary provided that the balance in the revolving account does not exceed $2,000.

(Added to NRS by 2003, 390; A 2013, 2503)

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NRS 417.147 - Appointment of administrators; management, maintenance and operation; application for federal grants and other available money; schedule of rates; locations.
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NRS 417.149 - Trust fund for deposit of money belonging to residents of veterans’ home; maintenance of separate accounts for residents with money in fund; written account of money in fund; disposition of residents’ accounts; maintenance of reserve cash fund.