Nev. Rev. Stat. § 445A.125

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 445A.125 - Interest and income; deposits; acceptance of gifts, grants and bequests
1. The interest and income earned on money in the Account must be credited to the Account.
2. All payments of principal and interest on all loans made to an eligible recipient and all proceeds from the sale, refunding or prepayment of obligations of an eligible recipient acquired or loans made in carrying out the purposes of the Account must be deposited in the State Treasury for credit to the Account.
3. The Division may accept gifts, grants and bequests of money from any public or private source. The money must be deposited in the State Treasury for credit to the Account.

NRS 445A.125

Added to NRS by 1989, 1257; A 1993, 644
Amended by 2023, Ch. 69,§7, eff. 5/30/2023.
Added to NRS by 1989, 1257; A 1993, 644