2020 Nevada Revised Statutes
Chapter 417 - Veterans’ Services and Honorary Recognition Related to Military Service
NRS 417.148 - Revolving accounts: Creation; purpose; transfer of money from Veterans Home Account.
1. A revolving account up to the amount of $2,000 is hereby created for each veterans’ home, and may be used for the payment of bills of the veterans’ home requiring immediate payment and for no other purpose. The administrator of a veterans’ home shall deposit the money for the revolving account for the veterans’ home in a bank, credit union, savings and loan association or savings bank qualified to receive deposits of public money. The revolving account must be under the control of the administrator of the veterans’ home for which the account was created.
2. The Director may transfer such amounts of money from the Veterans Home Account to a revolving account as the Director determines necessary provided that the balance in the revolving account does not exceed $2,000.
(Added to NRS by 2003, 390; A 2013, 2503)
