90.851 - Deposit and use of money received as result of enforcement action. - Nevada Statutes

90.851  Deposit and use of money received as result of enforcement action.

      1.  All money received by the Administrator as the result of an action for the enforcement of the provisions of this chapter must be deposited in the State General Fund for credit to the Secretary of State’s Operating General Fund Budget Account.

      2.  The Division shall use the money deposited in the Account pursuant to this section to pay the expenses involved in:

      (a) Investigations of the Division involving securities;

      (b) Actions to enforce the provisions of this chapter; and

      (c) Providing educational programs for the public which are related to the operations of the Division.

      3.  The money deposited in the Account pursuant to this section is restricted to the uses specified, and the unexpended balance of the money in the Account may be carried forward at the end of each fiscal year.

      (Added to NRS by 1993, 1225; A 2009, 1166)

      NRS 90.860  Short title; uniformity of application and construction.  This chapter may be cited as the Uniform Securities Act and must be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it and to coordinate the interpretation and administration of this chapter with the related federal laws and regulations.

      (Added to NRS by 1987, 2191; A 1989, 160)