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Current as of January 01, 2025 | Updated by Findlaw Staff
1. The Outdoor Education and Recreation Grant Program Endowment Fund is hereby created as a trust fund in the State Treasury.
2. The Administrator shall administer the Fund.
3. The State Treasurer shall deposit in the Fund:
(a) Any money that the State Treasurer receives from a person who wishes to contribute to the Fund; and
(b) Any interest or income earned on money in the Fund.
4. The money that represents the principal of the Fund must not be spent for any purpose. The money that represents the interest or income earned may be spent or transferred to the Outdoor Education and Recreation Grant Program Account created by NRS 407A.615 and must be used to carry out the Grant Program.
5. Claims against the Fund must be paid as other claims against the State are paid.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 35. Highways; Roads; Bridges; Parks § 407A.620. Outdoor Education and Recreation Grant Program Endowment Fund: Creation; administration; sources; uses; claims - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-35-highways-roads-bridges-parks/nv-rev-st-407a-620/
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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