490.086 - Revolving Account for the Assistance of the Department: Creation; use of money in Account. [Effective until July 1, 2011, if the Interim Finance Committee has not issued a notice to the Depa
490.086 Revolving Account for the Assistance of the Department: Creation; use of money in Account. [Effective until July 1, 2011, if the Interim Finance Committee has not issued a notice to the Department of Motor Vehicles that adequate money is available to begin registering off-highway vehicles and after that if such notice has been given.]
1. The Revolving Account for the Assistance of the Department is hereby created as a special account in the Motor Vehicle Fund.
2. All money received by the Department from the Federal Government or any other source to assist the Department in carrying out the provisions of this chapter relating to the titling and registration of off-highway vehicles must be deposited into the Account.
3. Money in the Account must be used only for the purposes specified in subsection 2.
4. Any money remaining in the Account at the end of the fiscal year does not revert to the State General Fund, and the balance in the Account must be carried forward to the next fiscal year.
(Added to NRS by 2009, 3085)