Nev. Rev. Stat. § 226.425

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 226.425 - Nevada Grown Educator Account: Creation; administration; use of money; donations, gifts, grants and bequests; interest and income; nonreversion
1. The Nevada Grown Educator Account is hereby created in the State General Fund. The Account must be administered by the State Treasurer.
2. The money in the Account must be used to carry out the program established pursuant to NRS 226.420.
3. The State Treasurer may apply for and accept any donation, gift, grant, bequest or other source of money for deposit in the Account.
4. The interest and income earned on money in the Account, after deducting any applicable charges, must be credited to the Account.
5. Any money in the Account remaining at the end of a fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.

NRS 226.425

Added to NRS by 2023, 3004
Added by 2023, Ch. 491,§1.9, eff. 7/1/2023.