Nevada Revised Statutes Title 31. Public Financial Administration § 356.127. Conditions for deposit in insured deposit accounts; redeposit of uninsured amounts

(a) If one or more insured banks, insured credit unions, insured savings and loan associations or insured savings banks are located in the county, deposit county money in such insured banks, credit unions, savings and loan associations or savings banks in insured deposit accounts.

(b) If no such bank, credit union, savings and loan association or savings bank exists in the county, deposit county money in any insured bank, insured credit union, insured savings and loan association or insured savings bank in this State in insured deposit accounts.

(a) Arrange for the redeposit of the amount of the county money that exceeds the limits of insurance provided by an instrumentality of the United States or pursuant to NRS 672.750 into one or more insured deposit accounts in one or more insured state or national banks, insured credit unions, insured savings and loan associations or insured savings banks; and

(b) Ensure that the total amount of money redeposited in an account and any interest accrued on the money is within the limits of insurance provided by an instrumentality of the United States or pursuant to NRS 672.750.