NRS 356.120 – Conditions for deposit in demand accounts.
A county treasurer may: 1. When one or more insured banks, insured credit unions, insured savings and loan associations or insured savings banks are located in the county, deposit county money in such insured banks, credit unions, savings and loan associations or savings banks in demand accounts. 2. When no such banks, credit unions, savings […]
NRS 356.125 – Written consent of board of county commissioners required for deposits in time accounts; contracts for time accounts; depository not required to accept county deposits.
1. A county treasurer may deposit county money in insured depository banks, insured credit unions, insured savings and loan associations or insured savings banks in time accounts only with the written consent of the board of county commissioners. 2. The time accounts so established are subject to the applicable contract between the depository and the […]
NRS 356.127 – Conditions for deposit in insured deposit accounts; redeposit of uninsured amounts.
1. In addition to deposits authorized by NRS 356.120 and 356.125, a county treasurer may enter into an agreement to: (a) If one or more insured banks, insured credit unions, insured savings and loan associations or insured savings banks are located in the county, deposit county money in such insured banks, credit unions, savings and […]
NRS 356.130 – Release of county treasurer’s bondsmen.
Whenever the written consent of any bondsman or bondsmen to deposit the county money in any insured banks, credit unions, savings and loan associations or savings banks has not been obtained, the bondsman or bondsmen must, upon giving notice as required by law, be released from all responsibility on the bond of the county treasurer. […]
NRS 356.133 – Collateral required for uninsured deposits: Types; pledge; fair market value; review; reports by depository; deposit of additional securities.
1. All money deposited by a county treasurer that 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 356.135 – Procedure for sale of securities if depository fails to pay deposit on demand.
1. If an insured bank, insured credit union, insured savings and loan association or insured savings bank fails to pay a deposit, or any part thereof, on demand of the county treasurer, the county treasurer, with the written approval of the board of county commissioners, forthwith shall: (a) Advertise the securities for sale for not […]
NRS 356.140 – Demand, time and insured deposit accounts to be kept in name of county; balances accounted for as cash.
1. Demand accounts authorized by NRS 356.120, time accounts authorized by NRS 356.125 and insured deposit accounts authorized by NRS 356.127 must be kept in the name of the county in such manner as the board of county commissioners may prescribe. 2. The balance in each such account, as certified to by the proper officer […]
NRS 356.150 – Withdrawal of deposits.
All money deposited in an insured bank, insured credit union, insured savings and loan association or insured savings bank by the county treasurer may be drawn out by a check or order of the county treasurer at any time without previous notice, but no withdrawal of such a deposit may be made by the county […]
NRS 356.083 – Calls from inactive deposits; waiver of interest.
Subject to the applicable contract with the depositary, the State Treasurer may call in money from inactive deposits, waiving interest thereon if required, and place it in active deposits when necessary to meet current requirements. (Added to NRS by 1959, 571)
NRS 356.085 – Interest on deposits: Contract; amount.
The interest to be paid by a depository bank, credit union, savings and loan association or savings bank must be paid in accordance with the contract made with the State Treasurer and in an amount determined by the rates established pursuant to NRS 356.015 or by any Act of Congress. (Added to NRS by 1959, […]