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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A gift account in the Department of Health and Human Services' Gift Fund is hereby created for each division facility, and all gifts of money which the Division is authorized to accept for the respective facilities must be deposited in the State Treasury to the credit of the appropriate account. Amounts in the accounts must be used for division mental health facility purposes only and expended in accordance with the terms of the gift. All claims must be approved by the administrative officer before they are paid.
2. Gifts of property, other than money, may be sold or exchanged when it is deemed by the administrative officer and the Administrator to be in the best interest of the division mental health facility. The sale price must be not less than 90 percent of the value determined by a qualified appraiser appointed by the administrative officer. All money realized from the sale must be deposited in the State Treasury to the credit of the appropriate account and must be spent for division mental health facility purposes only.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 39. Mental Health § 433A.100. Gift accounts in Department of Health and Human Services' Gift Fund; sale or exchange of gifts of property - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-39-mental-health/nv-rev-st-433a-100/
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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