NRS 432.037
Creation of Trust Fund for Child Welfare

  • duties of Division
  • deposit of money in trust fund for child welfare established in county treasury in certain counties and disbursement from fund.

1.

The Trust Fund for Child Welfare is hereby created. All benefits for survivors or other awards payable to children receiving child welfare services pursuant to NRS 432.010 to 432.085, inclusive, in a county whose population is less than 100,000 must be deposited in the State Treasury for credit to the Fund.

2.

The Division shall:

(a)

Keep a separate account for each child who receives money.

(b)

Deduct from the account any services to the child provided by public money. Any surplus remaining may be expended for extraordinary items deemed beneficial to the child.

(c)

Remit any surplus balance to the parent or legal guardian of the child, or to the child if the child is emancipated or has reached the age of 18 years, when the Division is no longer legally responsible for the child.

3.

The Division shall pay interest to each child’s separate account maintained in the Trust Fund for Child Welfare at the end of each interest period. Interest must be paid at a rate equal to the average of the interest rates quoted by at least three banking institutions for interest-bearing savings accounts of $3,000 or less on the first day of each interest period. Interest must be paid on the child’s account commencing with the first interest period that the Division is legally responsible for the child. Interest must not be paid for the interest period during which the child ceases to be the legal responsibility of the Division.

4.

All benefits for survivors or other awards payable to children receiving child welfare services in a county whose population is 100,000 or more pursuant to NRS 432.010 to 432.085, inclusive, must be deposited in the trust fund for child welfare established in the county treasury. A disbursement from the benefits for survivors or other awards of a child which is deposited in the fund may be made to the agency which provides child welfare services for any child welfare services provided to the child with public money.

5.

As used in this section, “interest period” means that period not less frequent than quarterly, as determined by the State Treasurer, for which interest must be paid.

Source: Section 432.037 — Creation of Trust Fund for Child Welfare; duties of Division; deposit of money in trust fund for child welfare established in county treasury in certain counties and disbursement from fund., https://www.­leg.­state.­nv.­us/NRS/NRS-432.­html#NRS432Sec037.

432.010
Definitions. 432.011
Division: Purposes 432.012
Appointment and qualifications of Administrator of Division. 432.013
Classifications of superintendents of youth centers and facilities for detention of children 432.014
Fees for services rendered through programs of Division. 432.015
Issuance and enforcement of subpoenas for certain hearings. 432.016
Nevada Children’s Gift Account. 432.017
Account to Assist Persons Formerly in Foster Care. 432.020
Duties of agencies which provide child welfare services. 432.025
Limitations on use of federal payments for maintenance of children in foster care. 432.027
Agency which provides child welfare services to provide notice of whether person will be considered for approval as adoptive parent or provider of foster care. 432.028
Authority of director of agency which provides child welfare services to request education records 432.030
Restriction on provision of maintenance and special services by employee of agency which provides child welfare services. 432.031
Department designated agency for administration of federal money for child welfare 432.032
Regulations. 432.033
Division authorized to prescribe forms for reports and records. 432.034
Written statements of responsible relatives of applicants or recipients not required to be sworn under oath 432.035
Division required to adopt regulations relating to custody, use and preservation of records, files and communications filed with Division and agency which provides child welfare services 432.036
Limitations on assistance. 432.037
Creation of Trust Fund for Child Welfare 432.038
Division and agency which provides child welfare services authorized to maintain account for purchase of records of vital statistics to perform work. 432.039
Agency which provides child welfare services authorized to petition for appointment as guardian of child in its lawful custody 432.040
State participation in payment of expenses of maintenance and special services. 432.050
State Child Welfare Services Account. 432.070
Procedure for drawing and paying warrants in certain counties. 432.075
Agencies which provide child welfare services in certain counties required to furnish list of claimants entitled to payments and amounts to county comptroller and Administrator of Division 432.080
Administrative expenses of Division. 432.085
Liability of parents for maintenance and special services provided to child placed in custody of agency which provides child welfare services 432.091
Provisions inapplicable to Program for Child Care and Development. 432.095
Creation and administration of Placement Prevention Revolving Account 432.0115
Division: Bureaus 432.0125
Appointment of chiefs of bureaus of Division 432.0135
Duties of chiefs of bureaus of Division 432.0145
Gifts and grants to Division. 432.0155
Establishment of standards for receipt of federal money and programs concerning juveniles, child welfare and child welfare services 432.0165
Nevada Children’s Gift Revolving Account. 432.0175
Contract for provision of shelter and care for certain children: Limitations 432.0177
Transfer of child to out-of-state facility 432.0305
Duties of Department. 432.0395
Agency which provides child welfare services required to examine credit report of certain children in its custody
Last Updated

Jun. 24, 2021

§ 432.037’s source at nv​.us