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Current as of January 01, 2025 | Updated by Findlaw Staff
1. The State Treasurer shall deposit in the State Education Fund money received in each fiscal year pursuant to 30 U.S.C. § 191 in an amount not to exceed $7,000,000.
2. Any amount received in a fiscal year by the State Treasurer pursuant to 30 U.S.C. § 191 in excess of $7,000,000 must be deposited in the Account for Revenue from the Lease of Federal Lands, which is hereby created.
3. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 26. Public Lands § 328.450. Deposit in State Education Fund; deposit of excess in Account for Revenue from Lease of Federal Lands; interest and income - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-26-public-lands/nv-rev-st-328-450/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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