Nevada § 365.540 - General requirements for particular proceeds
Full text of Nevada Nevada Revised Statutes § 365.540 — General requirements for particular proceeds, with citation guidance and answers to common questions.
§ 365.540. General requirements for particular proceeds
1. The money collected, as prescribed by NRS 365.175 and 365.185 , from the tax on motor vehicle fuels, other than aviation fuel, after the remittances
and deposits have first been made pursuant to the provisions of NRS 365.535 , must be placed to the credit of the State Highway Fund by the State Treasurer. An amount equal to that part of the tax collected pursuant to NRS 365.175 , which represents 5 cents of the tax per gallon must be used exclusively for the
construction, maintenance and repair of a right-of-way. 2. The money collected, as prescribed by NRS 365.180 and 365.190 , after the remittances and deposits have first been made pursuant to the provisions
of NRS 365.535 , must be allocated by the Department as prescribed in NRS 365.550 and 365.560 . 3. The money collected as prescribed by NRS 365.200 must be allocated by the Department as prescribed by NRS 365.550 and 365.560 . 4. The money collected from the tax on aviation fuel must be deposited by the Department
with the State Treasurer for credit to the Account for Taxes on Aviation Fuel, which
is hereby created as a revolving account.
Frequently Asked Questions About Nevada § 365.540
What does Nevada Revised Statutes § 365.540 cover?
Section 365.540 ("General requirements for particular proceeds") 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 § 365.540?
A common citation format is "Nevada Revised Statutes § 365.540" (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 § 365.540 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.