Nevada Revised Statutes 75A.300 – Powers of Secretary of State: Applying for and accepting gifts and grants
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The Secretary of State may apply for and accept any gift, donation, bequest, grant or other source of money to carry out the provisions of this chapter.
Terms Used In Nevada Revised Statutes 75A.300
- Bequest: Property gifted by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.