Nevada Revised Statutes 481.079 – Money collected to be deposited in Motor Vehicle Fund; exception; dishonored payments; adjustment of deposits
1. Except as otherwise provided by specific statute, all taxes, license fees and money collected by the Department must be deposited with the State Treasurer to the credit of the Motor Vehicle Fund.
Terms Used In Nevada Revised Statutes 481.079
- Department: means the Department of Motor Vehicles. See Nevada Revised Statutes 481.015
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Statute: A law passed by a legislature.
2. If a check or any other method of payment accepted by the Department in payment of such fees is returned to the Department or otherwise dishonored upon presentation for payment:
(a) The drawer or any other person responsible for payment of the fee is subject to a fee in the amount established by the State Controller pursuant to NRS 353C.115 in addition to any other penalties provided by law; and
(b) The Department may require that future payments from the person be made by cashier’s check, money order, traveler’s check or cash.
3. The Department may adjust the amount of a deposit made with the State Treasurer to the credit of the Motor Vehicle Fund for any cash shortage or overage resulting from the collection of fees.