354.608 - Contingency account: Establishment; limit on appropriations; expenditures. - Nevada Statutes

354.608  Contingency account: Establishment; limit on appropriations; expenditures.  A contingency account may be established in any governmental fund. The maximum amount which may be appropriated for such a contingency account is 3 percent of the money otherwise appropriated to the fund, exclusive of any amounts to be transferred to other funds. No expenditure may be made directly from such a contingency account, except as a transfer to the appropriate account, and then only in accordance with the procedure established in NRS 354.598005.

      (Added to NRS by 1965, 733; A 1981, 1766; 2001, 1807)