Nev. Rev. Stat. § 408.265

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

Section 408.265 - Federal money deposited in State Highway Fund

Except as otherwise provided in NRS 408.55048 to 408.55088, inclusive, all money received from the Government of the United States and by virtue of the provisions of any Act of Congress for the engineering, planning, surveying, acquiring of property, constructing, reconstructing or improving of any highway in the State must be put into the State Treasury and become a part of the State Highway Fund and that Fund must not be used for any other purpose.

NRS 408.265

Added to NRS by 1957, 672; A 1967, 1742; 1985, 704; 2017, 4139; 2021, 3816

Amended by 2021, Ch. 553,§20, eff. 7/1/2021.

Amended by 2017, Ch. 575,§37.5, eff. 6/13/2017.

Added to NRS by 1957, 672; A 1967, 1742; 1985, 704, effective on the date on which the Director of the Department of Transportation notifies the Governor and the Director of the Legislative Counsel Bureau that sufficient money is available to capitalize and carry out the business of the Nevada State Infrastructure Bank created by NRS 408.55069