Nevada Revised Statutes Section 90.851 - Business Associations - Securities - Commodities

Revolving Account for Investigation, Enforcement and Education.

1. The Revolving Account for Investigation, Enforcement and Education is hereby created as a special account in the State General Fund. All money received by the Administrator as the result of an action for the enforcement of the provisions of this chapter must be deposited in the State General Fund for credit to the Account.

2. The Division shall use the money in the Account to pay the expenses involved in:

(a) Investigations of the Division involving securities;

(b) Actions to enforce the provisions of this chapter; and

(c) Providing educational programs for the public which are related to the operations of the Division.

3. The Account is restricted to the uses specified, and the balance in the Account must be carried forward at the end of each fiscal year.

4. Expenses may be advanced from the Account by the Administrator.

Last modified: February 26, 2006