Nevada § 396.940 - Establishment of account within Trust Fund to provide Kenny C. Guinn Memorial Millennium Scholarships; acceptance of gifts and grants; deposit and investment of money in account
Full text of Nevada Nevada Revised Statutes § 396.940 — Establishment of account within Trust Fund to provide Kenny C. Guinn Memorial Millennium Scholarships; acceptance of gifts and grants; deposit and investment of money in account, with citation guidance and answers to common questions.
§ 396.940. Establishment of account within Trust Fund to provide Kenny C. Guinn Memorial Millennium Scholarships; acceptance of gifts and grants; deposit and investment of money in account
1. There is hereby established within the Trust Fund an account to provide Memorial
Scholarships to students. 2. The State Treasurer may accept gifts, grants, bequests and donations for deposit
in the account. 3. The State Treasurer shall deposit in the account any gifts, grants, bequests or
donations specifically designated for the account or for the Kenny C. Guinn Memorial
Millennium Scholarship Fund, a special memorial fund established following the death
of Governor Kenny C. Guinn on July 22, 2010. 4. The money in the account must be invested as the other money in the Trust Fund
is invested. The interest and income earned on the money in the account, after deducting any
applicable charges, must be credited to the account. All claims against the account must be paid as other claims against the State are
paid. 5. The money in the account remains in the account and does not revert to the Trust
Fund or any other fund at the end of any fiscal year.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 396.940
What does Nevada Revised Statutes § 396.940 cover?
Section 396.940 ("Establishment of account within Trust Fund to provide Kenny C. Guinn Memorial Millennium Scholarships; acceptance of gifts and grants; deposit and investment of money in account") 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 § 396.940?
A common citation format is "Nevada Revised Statutes § 396.940" (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 § 396.940 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.