Nevada § 361.920 - Allodial Revised Statutes Title Trust Account; regulations of State Treasurer
Full text of Nevada Nevada Revised Statutes § 361.920 — Allodial Revised Statutes Title Trust Account; regulations of State Treasurer, with citation guidance and answers to common questions.
§ 361.920. Allodial Revised Statutes Title Trust Account; regulations of State Treasurer
1. The Allodial Title Trust Account is hereby created in the State General Fund. The State Treasurer shall administer the Account. The interest and income earned on the money in the Account must be credited to the
Account. The State Treasurer shall expend the money in the Account to make the payments of
property tax on behalf of the residential properties for which allodial title has
been established and not relinquished and for no other purposes except that not more
than 2 percent of the money in the Account may be used as necessary to pay expenses
of the State Treasurer that are directly related to the cost to invest the money in
the Account and to administer the program. The State Treasurer shall not make any payment from the money in the Account more
than 5 business days before the day on which the payment becomes due. 2. The State Treasurer shall invest the money in the Account in obligations which
would be legal investments for the state pursuant to NRS 355.140 . 3. The State Treasurer shall maintain a separate subaccount in the Account for each
allodial title and an Allodial Title Subaccount for Stabilization. Any interest or other income earned on the money in a subaccount that exceeds the
projection of estimated interest and income made pursuant to subsection 3 of NRS 361.900 for the fiscal year must be transferred to the Allodial Title Subaccount for Stabilization
as soon as practicable after June 30 of that year. 4. The State Treasurer shall adopt such regulations as are necessary to carry out
the provisions of NRS 361.900 to 361.920 , inclusive, to ensure that the Allodial Title Trust Account is efficiently and securely
maintained.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 361.920
What does Nevada Revised Statutes § 361.920 cover?
Section 361.920 ("Allodial Revised Statutes Title Trust Account; regulations of State Treasurer") 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 § 361.920?
A common citation format is "Nevada Revised Statutes § 361.920" (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 § 361.920 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.