Nevada Revised Statutes Title 31. Public Financial Administration § 356.190. Liability of county treasurer if depository fails or becomes insolvent;  deposit of collateral or security for safekeeping

1. Where the county treasurer, in accordance with the terms and provisions of NRS 356.120 to 356.180, inclusive, has deposited and kept on deposit any public money in depositories so designated, he or she:

2. The county treasurer may deposit for safekeeping with an insured bank, insured credit union, insured savings and loan association, insured savings bank or trust company within or without this state any securities or bonds pledged with him or her, as county treasurer, as collateral or as security for any purpose, but the securities or bonds may only be so deposited by the county treasurer with the joint consent and approval, in writing, of the pledgor thereof and the board of county commissioners.  Any bonds or securities so deposited must be deposited under a written deposit agreement between the pledgor and the county treasurer, to be held and released only upon a written order of the county treasurer that has been approved by the board of county commissioners.