1.  Any money the Department of Administration of the University of Nevada, Reno, School of Medicine receives pursuant to NRS 678C.720 or that is appropriated to carry out the provisions of NRS 678C.700:

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Terms Used In Nevada Revised Statutes 678C.730

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(a) Must be deposited in the State Treasury and accounted for separately in the State General Fund;

(b) May only be used to carry out the provisions of NRS 678C.700, including the dissemination of information concerning the provisions of that section and such other information as is determined appropriate by the Department of Administration; and

(c) Does not revert to the State General Fund at the end of any fiscal year.

2.  The Department of Administration of the School of Medicine shall administer the account. Any interest or income earned on the money in the account must be credited to the account. Any claims against the account must be paid as other claims against the State are paid.