NRS 658.091
Deposit, use and disposition of money

  • Commissioner to administer account.

1.

Except as otherwise provided by law, any money appropriated to the Commissioner or the Division of Financial Institutions and any money collected by the Commissioner or Division pursuant to law:

(a)

Must be deposited in the State Treasury and accounted for separately in the State General Fund; and

(b)

May only be used to:

(1)

Carry out the programs and laws administered by the Commissioner and the Division; and

(2)

Pay the expenses related to the operations of the Commissioner and the Division.

2.

Except as otherwise provided by law, any money that remains in the account at the end of the fiscal year does not revert to the State General Fund, and the balance of the account must be carried forward to the next fiscal year.

3.

The Commissioner shall administer the account. Any interest or income earned on the money in the account must be credited to the account, after deducting any applicable charges. Any claims against the account must be paid as other claims against the State are paid.

Source: Section 658.091 — Deposit, use and disposition of money; Commissioner to administer account., https://www.­leg.­state.­nv.­us/NRS/NRS-658.­html#NRS658Sec091.

658.015
Administration of provisions of certain chapters. 658.021
Commissioner: Qualifications 658.025
Commissioner prohibited from having interest in bank or regulated corporation. 658.035
Oath of Commissioner. 658.045
Office. 658.055
Deputy commissioners 658.065
Oath of deputy commissioners. 658.085
Advisory capacity of State Board of Finance. 658.091
Deposit, use and disposition of money 658.096
Fees charged by Commissioner 658.098
Assessment for cost of legal services provided to Commissioner and Division of Financial Institutions 658.101
Rates charged by Commissioner for supervision and examination 658.105
Powers of Commissioner. 658.115
Summary orders of Commissioner. 658.125
Appeals to State Board of Finance. 658.135
Attestation of licenses, orders and certificates. 658.145
Power of Commissioner to offer rewards. 658.151
Power of Commissioner to take possession of business and property of depository institution 658.155
Penalty: Neglect of duty under certain chapters 658.165
Officers and employees of Division of Financial Institutions prohibited from having interest in certain banks 658.175
State Board of Finance bound by limitations imposed on Commissioner as to certification of new banks and establishment of branch banks. 658.185
Incidental powers of Commissioner. 658.190
Regulations concerning nontraditional mortgage loan products and certain lending practices. 658.195
Right to sue and defend in actions involving banks 658.200
Nontraditional mortgage loan products 658.210
Residential mortgage loan originator acting on behalf of privately insured institution or organization required to be licensed as mortgage loan originator.
Last Updated

Feb. 5, 2021

§ 658.091’s source at nv​.us