2022 Nevada Revised Statutes
Chapter 645 - Real Estate Brokers and Salespersons
NRS 645.142 - Technology Account for Chapter 645 of NRS.

Universal Citation: NV Rev Stat § 645.142 (2022)

1. The Technology Account for Chapter 645 of NRS is hereby created in the State General Fund. The Administrator shall administer the Account.

2. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account. Any money remaining in the Account at the end of the fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.

3. All money collected from the technology fee imposed pursuant to NRS 645.830 must be deposited in the Account and used only to acquire technology for or improve the technology used by the Division to administer the provisions of this chapter, including, without limitation, costs related to acquiring or improving technology, purchasing hardware and software, maintaining the technology and contracting for professional services related to the technology.

4. All claims against the Account must be paid as other claims against the State are paid.

(Added to NRS by 2021, 3532)

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