Nevada Revised Statutes 353.3115 – ‘Reversion’ defined
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‘Reversion’ as applied to an appropriation means the return of the unused amount of an appropriation to the fund from which appropriated.
Terms Used In Nevada Revised Statutes 353.3115
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
