Nevada Revised Statutes 353B.150 – Administration by State Treasurer; duties and powers of State Treasurer
1. The State Treasurer shall administer the Trust Fund.
Terms Used In Nevada Revised Statutes 353B.150
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
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.