All gifts of money which the Council is authorized to accept must be deposited in the State Treasury in a nonreverting gift fund and expended in accordance with the budget laws of the State of Nevada upon properly itemized and verified claims approved by the State Library, Archives and Public Records Administrator and the Council.

Terms Used In Nevada Revised Statutes 380A.101

  • Council: means the State Council on Libraries and Literacy. See Nevada Revised Statutes 380A.021
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.