278.750 - Creation and administration; credit of interest and income; expenditure. - Nevada Statutes

278.750  Creation and administration; credit of interest and income; expenditure.

      1.  The Southern Nevada Enterprise Community Projects Fund is hereby created in the State Treasury. The interest and income earned on the money in the Fund, after deducting any applicable charges, must be credited to the Fund.

      2.  The Southern Nevada Enterprise Community Board shall administer the Fund and may accept gifts, grants and other money for deposit in the Fund.

      3.  The money in the Fund may only be used to fund projects in the Southern Nevada Enterprise Community and is hereby authorized for expenditure as a continuing appropriation for this purpose.

      (Added to NRS by 2009, 2758)