354.560 - “Reserve” defined.

354.560  “Reserve” defined.  “Reserve” means, in accounting and reporting of government funds, a portion of the fund equity which is not appropriable for expenditures or is segregated by law or contract for a specific future use.

      (Added to NRS by 1965, 729; A 1971, 183; 1981, 1763; 1987, 631)