433B.270 - Revolving accounts. - Nevada Statutes

433B.270  Revolving accounts.  A revolving account of not more than $5,000 is hereby created for each division facility. Money in the respective revolving accounts may be expended only for the payment of bills of the respective division facilities requiring immediate payment. The respective administrative officers shall deposit the money for the respective revolving accounts in one or more banks or credit unions of reputable standing. Payments made from each account must be promptly reimbursed from appropriated money of the respective division facilities on claims as other claims against the State are paid.

      (Added to NRS by 1993, 2712; A 1999, 1497)