NRS 353B.150
Administration by State Treasurer

  • duties and powers of State Treasurer.

1.

The State Treasurer shall administer the Trust Fund.

2.

As Administrator of the Trust Fund, the State Treasurer:

(a)

Shall maintain the financial records of the Trust Fund;

(b)

Shall invest the property in the Trust Fund pursuant to the policies for investment established by the Board pursuant to NRS 353B.160;

(c)

Shall manage any account associated with the Trust Fund;

(d)

Shall maintain any instruments that evidence investments made with property from the Trust Fund;

(e)

May contract with vendors for any good or service that is necessary to carry out the provisions of NRS 353B.010 to 353B.190, inclusive;

(f)

May hire such employees as are necessary to carry out the provisions of NRS 353B.010 to 353B.190, inclusive; and

(g)

May perform any other duties necessary to administer the Trust Fund.

Source: Section 353B.150 — Administration by State Treasurer; duties and powers of State Treasurer., https://www.­leg.­state.­nv.­us/NRS/NRS-353B.­html#NRS353BSec150.

Last Updated

Feb. 5, 2021

§ 353B.150’s source at nv​.us