NRS 356.087 – Interest to be deposited in State General Fund; exceptions.
1. Except as provided in subsections 2, 3 and 4 or in a specific statute, all interest paid on money belonging to this State must be deposited in the State General Fund. 2. Interest earned and received on any gift or bequest to an agency of the State must be credited to the agency unless […]
NRS 356.090 – Depository at state capital may be relieved of payment of interest on deposits.
In consideration of no exchange or collection charges being made on checks or coupons of, or remittance to, the State, any insured banks, insured credit unions, insured savings and loan associations or insured savings banks at the state capital may be relieved by the State Treasurer, with the approval of the State Board of Finance, […]
NRS 356.020 – Collateral for uninsured deposits: Types; pledge; fair market value; review; reports by depository; deposit of additional securities.
1. All money deposited by the State Treasurer which is not within the limits of insurance provided by an instrumentality of the United States must be secured by collateral composed of the following types of securities: (a) United States treasury notes, bills, bonds or obligations as to which the full faith and credit of the […]
NRS 356.010 – Conditions; redeposit of amounts in excess of insurance limits; compensation.
1. All money under the control of the State Treasurer belonging to the State must be deposited in any insured state or national banks, any insured credit unions, any insured savings and loan associations or any insured savings banks in this State or, if approved by the State Board of Finance, in any insured banks, […]
NRS 356.011 – Requirements for account of state agency in bank, credit union, savings and loan association or savings bank.
1. A state agency which opens an account in a bank, credit union, savings and loan association or savings bank must first obtain the approval of the State Board of Finance, except in cases where the account is specifically authorized by statute. 2. The titles of the accounts must indicate that the account is in […]
NRS 356.015 – Time certificates of deposit: Establishment of rate of interest; warrants; inactive deposits.
1. The State Treasurer shall establish the rate of interest to be paid on the maturity of each time certificate of deposit. 2. The State Treasurer shall make all such deposits through warrants of the State Controller. 3. The State Controller shall maintain accurate records of inactive deposits. Time certificates of deposit which are placed […]