Nevada Revised Statutes 489.265 – Trust account for deposit of advance fees for payment of services of Division; regulations
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1. The Division may establish a trust account in the State Treasury in which persons who require the services of the Division may deposit advance fees for payment of those services. Unless the appropriate fee accompanies the request for service, upon providing the service the Division shall cause the account to be debited.
Terms Used In Nevada Revised Statutes 489.265
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
2. The Division shall prescribe, by regulation, the services for which advance fees may be deposited and paid for upon providing the service.
3. The trust account established pursuant to this section must be administered by the Administrator.