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NRS 439.525 - Gifts, grants and contributions: Accounting; use; administration.

NV Rev Stat § 439.525 (2019) (N/A)
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1. The Division may apply for and accept any available gift, donation, bequest, grant or other source of money to carry out the provisions of NRS 439.514 to 439.525, inclusive.

2. Any money that is accepted by the Division pursuant to subsection 1 must be deposited in the State Treasury and accounted for separately in the State General Fund.

3. Except as otherwise provided by the terms of a gift, donation, bequest or grant, expenditures from the account must be made only for carrying out the provisions of NRS 439.514 to 439.525, inclusive.

4. The Administrator shall administer the account created pursuant to subsection 2. Money in the account does not lapse to the State General Fund at the end of a fiscal year. The interest and income earned on the money in the account, after deducting any applicable charges, must be credited to the account. Any claims against the account must be paid as other claims against the State are paid.

(Added to NRS by 2005, 234)

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NRS 439.523 - Authority of Division to enter into contracts and award grants.
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NRS 439.529 - Administration; duties of Director; use of other programs; prohibition against commingling of money; money for program to be accounted for separately.