Nev. Rev. Stat. § 321.418

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 321.418 - Restore Nevada's Treasures Revolving Account

1. The Restore Nevada's Treasures Revolving Account is hereby created as a special account in the State General Fund.

2. The State Land Registrar shall deposit into the Revolving Account money received:

(a) As a gift, grant or donation pursuant to NRS 321.414; and

(b) From payments made by a private partner pursuant to a public-private partnership.

3. The State Land Registrar may use the money in the Revolving Account only for the expenses related to:

(a) The acquisition of a historic building pursuant to NRS 321.412; and

(b) Expenses relating to a public-private partnership.

4. The State Land Registrar shall:

(a) Approve any disbursements from the Revolving Account; and

(b) Maintain records of any such disbursement.

5. The balance of the Revolving Account must be carried forward at the end of each fiscal year.

NRS 321.418

Added to NRS by 2017, 4120

Added to NRS by 2017, Ch. 574, § 11