{"data":{"id":"us-nv/nrs-353.293","jurisdiction":"us-nv","citation":"NRS 353.293","heading":"Purpose of law; reservation of power to create funds and accounts.","body":"1. It is the purpose of the State Accounting Procedures Law to set forth legislative policy governing the State’s financial procedures which relate to accounting and reporting, and to establish a system of accounting for the State that:\n(a) Presents fairly and with full disclosure the financial position and the results of financial operations of the funds and account groups of the State in conformity with generally accepted accounting principles; and\n(b) Determines and demonstrates compliance with legal and contractual requirements related to finance.\n2. The Legislature reserves the sole right to establish funds and account groups not provided for by the Nevada Constitution.","path":["TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION","CHAPTER 353 - STATE FINANCIAL ADMINISTRATION","STATE ACCOUNTING PROCEDURES LAW"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-353.html#NRS353Sec293","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"8343be90a3ae59be8e980256e47a99b9843e1e9999d52cf1545e2685a95f2471","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-353.291","next":"us-nv/nrs-353.295"},"notice":"GroundRules: Original legal text. Not legal advice."}