Nev. Rev. Stat. § 349.855
Director: Establishment of funds and accounts; investments and deposits
Nevada · Nevada Revised Statutes Chapter 349 — State Obligations · Status: effective
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- Citation
- Nev. Rev. Stat. § 349.855, Director: Establishment of funds and accounts; investments and deposits, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2104641
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Full text
The Director may:
1. Establish such funds or accounts as may be necessary or desirable for carrying out the provisions of NRS 349.700 to 349.870, inclusive.
2. Subject to any agreement with the holders of the bonds, invest or deposit any money received or held by the Director pursuant to NRS 349.700 to 349.870, inclusive. The Director is not required to deposit this money in the State Treasury and the provisions of chapters 355 and 356 of NRS do not apply to any investments or deposits made pursuant to this subsection.