Nevada Revised Statutes 226.160 – Deposit of public money; custody of bonds and securities; prohibited use of public money by State Treasurer and others
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1. The State Treasurer shall deposit all moneys under his or her control in the manner provided in chapter 356 of NRS.
Terms Used In Nevada Revised Statutes 226.160
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
2. The State Treasurer shall securely keep in the safe and vault provided for him or her for that purpose, in his or her office at the seat of government, all bonds and securities of the state pertaining to his or her office, and shall not deposit any part or portion of the same with any individual, copartnership or corporation.
3. The State Treasurer shall not use the public moneys, or any part thereof, or allow anyone else to do so, except in the payment of bonds, coupons or warrants properly drawn upon him or her by the State Controller.