§ 228.630 — Registry Account: Creation; deposits; interest and income; expenditures; administration; claims; nonreversion; submission of annual itemized statement to Legislature

Nevada § 228.630

• Jurisdiction: Nevada
• Title 18: STATE EXECUTIVE DEPARTMENT
• Ch. 228: Attorney

Text

1. The Registry Account is hereby created in the State General Fund for the use of the Attorney General.
2. All money collected by the Attorney General pursuant to NRS 228.580 must be deposited in the State General Fund for credit to the Registry Account. The interest and income earned on the money in the Registry Account, after deducting any applicable charges, must be credited to the Registry Account.
3. Expenditures from the Registry Account must be made only to administer and enforce the provisions of NRS 228.500 to 228.640 , inclusive.
4. The Attorney General shall administer the Registry Account. All claims against the Registry Account must be paid as other claims against the State are paid.
5. Any money remaining in the Registry Account at the end of a fiscal year does not revert to the State General Fund, and the balance in the Registry Account must be carried forward to the next fiscal year.
6. Each year, the Attorney General shall submit an itemized statement of the income and expenditures for the Registry Account:
(a) To the Legislature, if the Legislature is in session; or
(b) To the Interim Finance Committee, if the Legislature is not in session.

Legislative History

(Added to NRS by 2003, 2882 ; A 2011, 442 )