154.115 - Duties of State Controller. - Nevada Statutes

154.115  Duties of State Controller.  The State Controller shall:

      1.  Keep a true account of all money paid into the State Treasury for credit to the Fund for Escheated Estates and of all real and personal property vested in the State by escheat.

      2.  Account separately for the proportionate share of interest earned on the money in the Fund for Escheated Estates and credit an amount equal to that interest to the Fund.

      3.  Transfer:

      (a) All of the interest earned on the money in the Fund for Escheated Estates;

      (b) All income of any kind which is earned on any real or personal property vested in the State by escheat; and

      (c) All estates which are not claimed within the period fixed by NRS 154.120, to the State Permanent School Fund at least annually.

      (Added to NRS by 1983, 1091)