Nevada Revised Statutes 435.270 – Gifts and grants of money: Use; deposit
Current as of: 2023 | Check for updates
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1. All gifts or grants of money which the Division is authorized to accept must be spent in accordance with the provisions of the gift or grant. In the absence of such provisions, the Division must spend the money for the purpose approved by the Interim Finance Committee.
Terms Used In Nevada Revised Statutes 435.270
- Administrator: means the Administrator of the Division. See Nevada Revised Statutes 435.007
- Department: means the Department of Health and Human Services. See Nevada Revised Statutes 435.007
- Division: means the Aging and Disability Services Division of the Department. See Nevada Revised Statutes 435.007
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
2. All such money must be deposited in the State Treasury in a separate account in the Department of Health and Human Services’ Gift Fund.
3. All claims must be approved by the Administrator before they are paid.