Nev. Rev. Stat. § 445A.140

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

Section 445A.140 - Limitations on use of money; compliance with federal law

1. Except as otherwise provided in NRS 445A.145, money in the Account , including, without limitation, repayments of principal and interest on loans, and interest and income earned on money in the Account, may be used only

in accordance with 33 U.S.C. §§ 1381 et seq.

2. The regulations adopted by the Commission pursuant to NRS 445A.135 must prescribe, in accordance with federal law, the authorized uses of the money in the Account.

NRS 445A.140

Added to NRS by 1989, 1258; A 1993, 645

Amended by 2023, Ch. 69,§10, eff. 5/30/2023.

Added to NRS by 1989, 1258; A 1993, 645