Nevada Revised Statutes 427A.110 – Aging and Disability Services Division’s Gift Account
Current as of: 2023 | Check for updates
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1. Except as otherwise provided in NRS 427A.270, all gifts of money which the Division is authorized to accept must be deposited in the State Treasury for credit to the Aging and Disability Services Division’s Gift Account in the Department of Health and Human Services’ Gift Fund. The money may be invested and reinvested and must be used in accordance with the conditions of the gift.
Terms Used In Nevada Revised Statutes 427A.110
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
2. All claims must be approved by the Administrator before they are paid.