2025 Nevada Revised Statutes
Chapter 445A - Water Controls
NRS 445A.125 - Interest and income; deposits; acceptance of gifts, grants and bequests.

Universal Citation:
NV Rev Stat § 445A.125 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

1. The interest and income earned on money in the Account must be credited to the Account.

2. All payments of principal and interest on all loans made to an eligible recipient and all proceeds from the sale, refunding or prepayment of obligations of an eligible recipient acquired or loans made in carrying out the purposes of the Account must be deposited in the State Treasury for credit to the Account.

3. The Division may accept gifts, grants and bequests of money from any public or private source. The money must be deposited in the State Treasury for credit to the Account.

(Added to NRS by 1989, 1257; A 1993, 644; 2023, 331)

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