Nevada Revised Statutes Title 18. State Executive Department § 231.1573. Creation; disposition of interest and income; deposit of payments of loans; nonreversion; administration; gifts, grants and donations

1. The Catalyst Account is hereby created in the State General Fund.

2. The interest and income earned on:

must be credited to the Catalyst Account.

3. All payments of principal and interest on any loan made with money from the Catalyst Account must be deposited in the Account.

4. Any money in the Catalyst Account and any unexpended appropriations made to the Account from the State General Fund remaining at the end of a fiscal year do not revert to the State General Fund, and the balance in the Catalyst Account must be carried forward to the next fiscal year.

5. The Executive Director shall administer the Catalyst Account and may apply for and accept any gift, grant, donation, bequest or other source of money for deposit in the Catalyst Account.