Nevada Revised Statutes 356.125 – Written consent of board of county commissioners required for deposits in time accounts; contracts for time accounts; depository not required to accept county deposits
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1. A county treasurer may deposit county money in insured depository banks, insured credit unions, insured savings and loan associations or insured savings banks in time accounts only with the written consent of the board of county commissioners.
Terms Used In Nevada Revised Statutes 356.125
- Contract: A legal written agreement that becomes binding when signed.
- county: includes Carson City. See Nevada Revised Statutes 0.033
2. The time accounts so established are subject to the applicable contract between the depository and the county.
3. The provisions of this section do not require any depository to accept county deposits.