428.470 - Fund for the Institutional Care of the Medically Indigent; Board of Trustees of Fund. - Nevada Statutes

428.470  Fund for the Institutional Care of the Medically Indigent; Board of Trustees of Fund.

      1.  The Fund for the Institutional Care of the Medically Indigent is hereby created in the State Treasury.

      2.  The money in the Fund must only be used to provide assistance to a county which is unable to make a payment required by an interlocal agreement.

      3.  The Fund must be administered by a Board of Trustees consisting of 5 county commissioners appointed by the Governor from a list of 10 nominees submitted by the Board of Directors of the Nevada Association of Counties.

      4.  Each member of the board shall serve a term of 1 year or until a successor has been appointed and has qualified.

      5.  The position of a member of the Board shall be deemed vacated upon the loss of any of the qualifications required for the appointment of the member and, in that event, the Governor shall appoint a successor from a list of two nominees submitted by the Board of Directors of the Nevada Association of Counties.

      6.  Any interest or money earned on money in the Fund must be credited to the Fund.

      7.  Any money remaining in the Fund at the end of a fiscal year remains in the Fund and does not revert to the State General Fund.

      (Added to NRS by 1997, 2218; A 1997, 2705)