2013 Nevada Revised Statutes
Chapter 231 - Economic Development, Tourism and Cultural Affairs
NRS 231.1597 - Allocation of money in Account to provide for certain expenditures.
In consultation with the Board and the Chancellor, the Executive Director shall allocate money in the Knowledge Account created by NRS 231.1592 to the research universities and the Desert Research Institute to provide funding for:
1. The recruitment, hiring and retention of research teams and faculty to conduct research in science and technology which has the potential to contribute to economic development in this State;
2. Research laboratories and related equipment located or to be located in this State;
3. The construction of research clinics, institutes and facilities and related buildings located or to be located in this State; and
4. Matching funds for federal and private sector grants and contract opportunities that support economic development consistent with the State Plan for Economic Development developed by the Executive Director pursuant to subsection 2 of NRS 231.053.
(Added to NRS by 2011, 3440; A 2013, 2754)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
