Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
1. There is hereby created in the State Treasury the Fund for the Preservation and Promotion of Cultural Resources. The Commission is responsible for the administration of the Fund. All money received and held by the State Treasurer for that purpose must be deposited in the Fund. The Commission shall account separately for money received from the proceeds of bonds issued pursuant to NRS 383.530.
2. The Commission may expend money in the Fund only:
(a) For projects identified in the Commission's plan to promote and preserve the State's cultural resources pursuant to NRS 383.500 to 383.540, inclusive. In addition to the amount of financial assistance granted from the proceeds of bonds issued pursuant to NRS 383.530, the Commission may grant as financial assistance not more than $750,000 each calendar year of the interest earned on the deposit or investment of the money in the Fund; and
(b) For any administrative services provided by the Commission. The Commission may not use more than 5 percent of the proceeds from any particular issuance of bonds to pay for the administrative services.
3. The money in the Fund must be invested as the money in other state funds is invested. All interest on the deposit or investment of the money in the Fund must be credited to the Fund.
4. Claims against the Fund must be paid as other claims against the State are paid.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 33. Libraries; Museums; Historic Preservation § 383.540. Fund for the Preservation and Promotion of Cultural Resources - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-33-libraries-museums-historic-preservation/nv-rev-st-383-540/
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.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)