2019 Nevada Revised Statutes
Chapter 396 - Nevada System of Higher Education
NRS 396.5935 - Gifts, grants and donations; creation and administration of Account for the Liaison for Post-Secondary Education for Homeless Pupils.
1. The Board of Regents may accept gifts, grants and donations from any source for the purpose of carrying out the provisions of NRS 396.5913 to 396.594, inclusive.
2. All gifts, grants and donations from any source which the Board of Regents is authorized to accept must be deposited with the State Treasurer for credit to the Account for the Liaison for Post-Secondary Education for Homeless Pupils, which is hereby created in the State General Fund. The Board of Regents shall administer the Account. The money in the Account must be expended only to pay the costs of administering NRS 396.5913 to 396.594, inclusive.
3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account. Money that remains 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.
(Added to NRS by 2019, 370)
