Nevada Revised Statutes 561.411 – Account for License Plates for the Promotion of Agriculture Within This State
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1. The Account for License Plates for the Promotion of Agriculture Within This State is hereby created in the State General Fund. The Director shall administer the Account.
Terms Used In Nevada Revised Statutes 561.411
- Director: means the Director of the Department. See Nevada Revised Statutes 561.025
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
2. The money in the Account does not lapse to the State General Fund at the end of a fiscal year. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.
3. The money in the Account must be used only for the promotion of agriculture within this State and must not be used to replace or supplant money available from other sources. The Director may provide grants from the Account to other public agencies and nonprofit organizations to carry out the provisions of this section.