449.960 - Deposit, accounting and use of money received; interest and income earned on money received; payment of claims. - Nevada Statutes

449.960  Deposit, accounting and use of money received; interest and income earned on money received; payment of claims.

      1.  All money received by the Secretary of State pursuant to NRS 449.900 to 449.965, inclusive, must be:

      (a) Deposited in the State Treasury and accounted for separately in the State General Fund; and

      (b) Used only for the purpose of carrying out the provisions of NRS 449.900 to 449.965, inclusive.

      2.  The Secretary of State shall administer the account. The interest and income earned on the money in the account, after deducting any applicable charges, must be credited to the account.

      3.  The money in the account does not lapse to the State General Fund at the end of any fiscal year.

      4.  Claims against the account must be paid as other claims against the State are paid.

      (Added to NRS by 2007, 2517)

      NRS 449.965  Regulations.  The Secretary of State may adopt regulations to carry out the provisions of NRS 449.900 to 449.965, inclusive.

      (Added to NRS by 2007, 2517)