Nevada Revised Statutes 333.125 – Temporary transfers from State General Fund to State Purchasing Fund
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Whenever claims payable and properly approved exceed the amount of the cash in the State Purchasing Fund, the State Controller may transfer temporarily from the State General Fund to the State Purchasing Fund such amount as may be required to pay the claims, but not to exceed the lesser of:
Terms Used In Nevada Revised Statutes 333.125
- Purchasing Division: means the Purchasing Division of the Department of Administration. See Nevada Revised Statutes 333.020
- Using agencies: means all officers, departments, divisions, institutions, boards, commissions and other agencies in the Executive Department of the State Government which derive their support from public money in whole or in part, whether the money is provided by the State of Nevada, received from the Federal Government or any branch, bureau or agency thereof, or derived from private or other sources. See Nevada Revised Statutes 333.020
1. The amount receivable from using agencies and political subdivisions as certified by the Purchasing Division;
2. The maximum balance of the State Purchasing Fund, if reduced pursuant to subsection 4 of NRS 333.120; or
3. Eight hundred and fifty thousand dollars.