NRS 321.418: Restore Nevada’s Treasures Revolving Account.

1. The Restore Nevada’s Treasures Revolving Account is hereby created as a special account in the State General Fund.

2. The State Land Registrar shall deposit into the Revolving Account money received:

(a) As a gift, grant or donation pursuant to NRS 321.414; and

(b) From payments made by a private partner pursuant to a public-private partnership.

3. The State Land Registrar may use the money in the Revolving Account only for the expenses related to:

(a) The acquisition of a historic building pursuant to NRS 321.412; and

(b) Expenses relating to a public-private partnership.

4. The State Land Registrar shall:

(a) Approve any disbursements from the Revolving Account; and

(b) Maintain records of any such disbursement.

5. The balance of the Revolving Account must be carried forward at the end of each fiscal year.