356.120 - Conditions for deposit in demand accounts.

356.120  Conditions for deposit in demand accounts.  A county treasurer may:

      1.  When one or more insured banks, insured credit unions or insured savings and loan associations are located in the county, deposit county money in such insured banks, credit unions or savings and loan associations in demand accounts.

      2.  When no such banks, credit unions or savings and loan associations exist in the county, deposit county money in any insured bank, insured credit union or insured savings and loan association in the State of Nevada in demand accounts.

      [Part 1:80:1885; A 1941, 42; 1931 NCL § 2187]—(NRS A 1973, 183; 1975, 1806; 1979, 1892; 1999, 193; 2001, 601)