‘Fund’ means a fiscal and accounting entity having a self-balancing set of accounts, recording cash and other financial resources together with all related liabilities and residual equities or balances, or changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with specific regulations, restrictions or limitations.

Terms Used In Nevada Revised Statutes 354.530

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.