387.040 - Disbursement of money for public schools. - Nevada Statutes

387.040  Disbursement of money for public schools.

      1.  Except as otherwise provided in subsection 2 and NRS 387.528, the State Treasurer shall pay over all public school money received by the State Treasurer for the support of school districts only on warrants of the State Controller issued upon the orders of the Superintendent of Public Instruction in favor of county treasurers. When endorsed, the orders are valid vouchers in the hands of the State Controller for the disbursement of public school money.

      2.  Except as otherwise provided in NRS 387.528, if the board of trustees of a school district establishes and administers a separate account pursuant to the provisions of NRS 354.603, the State Treasurer shall pay over to the school district all public school money due the school district.

      3.  The State Treasurer shall pay over all public school money received by the State Treasurer for the support of charter schools only on warrants of the State Controller issued upon the orders of the Superintendent of Public Instruction in favor of the charter schools. When endorsed, the orders are valid vouchers in the hands of the State Controller for the disbursement of public school money.

      [93:32:1956]—(NRS A 1979, 1583; 1981, 362; 1995, 2486; 1997, 1857, 2710; 1999, 599)