Nevada Revised Statutes 231.8141 – Fund for Tourism and Cultural Affairs: Creation; administration; use of money; nonreversion; payment of claims; interest and income
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1. The Fund for Tourism and Cultural Affairs is hereby created in the State Treasury, to be administered by the Director.
Terms Used In Nevada Revised Statutes 231.8141
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
2. Money in the Fund must be used to support the operations of the Department in administering the provisions of NRS 231.8111 to 231.8179, inclusive. The money in the Fund must remain in the Fund and does not revert to the State General Fund at the end of any fiscal year.
3. Claims against the Fund must be paid as other claims against the State are paid.
4. Interest and income earned on money in the Fund must be credited to the Fund.