Nevada § 232.3603 - Success Contract Account: Creation; administration; interest and income; nonreversion; deposit of gifts, grants and donations; use
Full text of Nevada Nevada Revised Statutes § 232.3603 — Success Contract Account: Creation; administration; interest and income; nonreversion; deposit of gifts, grants and donations; use, with citation guidance and answers to common questions.
§ 232.3603. Success Contract Account: Creation; administration; interest and income; nonreversion; deposit of gifts, grants and donations; use
1. The Success Contract Account is hereby created in the State General Fund. The Account must be administered by the Director. 2. The interest and income earned on: (a) The money in the Account, after deducting any applicable charges; and (b) Unexpended appropriations made to the Account from the State General Fund, must be credited to the Account. 3. Any money in the Account and any unexpended appropriations made to the Account
from the State General Fund remaining at the end of a fiscal year do not revert to
the State General Fund, and the balance in the Account must be carried forward to
the next fiscal year. 4. The Department may apply for and accept gifts, grants and donations of money from
any source for deposit in the Account. 5. The money in the Account must only be used to: (a) Provide payments due pursuant to success contracts awarded in accordance with
the provisions of NRS 232.3602 ; and (b) Administer the provisions of NRS 232.3601 , 232.3602 and 232.3603 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 232.3603
What does Nevada Revised Statutes § 232.3603 cover?
Section 232.3603 ("Success Contract Account: Creation; administration; interest and income; nonreversion; deposit of gifts, grants and donations; use") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 232.3603?
A common citation format is "Nevada Revised Statutes § 232.3603" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 232.3603 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.