Nev. Rev. Stat. § 319.500

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 319.500 - Creation; investment of money; claims
1. There is hereby created in the State General Fund the Account for Affordable Housing, to be administered by the Division. All money that is collected for the use of the Account from any source, including pursuant to a specific statute, tax, legislative appropriation, gift or grant, or from interest earned on specified public or private accounts, must be deposited in the Account.
2. The money in the Account must be invested as provided in chapters 355 and 356 of NRS. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account. All claims against the Account must be paid as other claims against the State are paid.

NRS 319.500

Added to NRS by 1989, 1211; A 1993, 641; 2019, 1421
Amended by 2019, Ch. 248,§25, eff. 7/1/2019.
Added to NRS by 1989, 1211; A 1993, 641