Nev. Rev. Stat. § 277A.460

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 277A.460 - Creation of account for deposit of appropriations used to pay costs of transportation project

If a commission enters into an agreement with a county, city, town or other political subdivision to share costs relating to a transportation project pursuant to NRS 277A.440, the commission shall create an account administered by the commission and deposit into such account any money appropriated by each participating entity in accordance with the amounts established under the agreement. The money in the account, including any interest and income earned on the money in the account, must not be transferred to any other fund or account or used for any purpose other than the purposes set forth in the agreement entered into pursuant to NRS 277A.440.

NRS 277A.460

Added to NRS by 2017, 3137
Added by 2017, Ch. 492,§4, eff. 6/8/2017.