Nevada § 432.016 - Nevada Children's Gift Account
Full text of Nevada Nevada Revised Statutes § 432.016 — Nevada Children's Gift Account, with citation guidance and answers to common questions.
§ 432.016. Nevada Children's Gift Account
1. All gifts of money that the Division is authorized to accept must be deposited
in the Nevada Children's Gift Account in the Department of Health and Human Services'
Gift Fund. 2. Money in the Gift Account may be used to benefit the children to whom shelter and
care is provided by the Division. Each gift must be expended in accordance with the terms of the gift. 3. The interest and income earned on the money in the Nevada Children's Gift Account,
after deducting any applicable charges, must be credited to the Gift Account. 4. The Division may transfer each fiscal year from the Nevada Children's Gift Account
to the Nevada Children's Gift Revolving Account created pursuant to NRS 432.0165 an amount not to exceed the amount of interest and income earned for that fiscal
year on the money in the Nevada Children's Gift Account. 5. Each claim against the Nevada Children's Gift Account must be approved by the Administrator
or the designee of the Administrator before it is paid.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 432.016
What does Nevada Revised Statutes § 432.016 cover?
Section 432.016 ("Nevada Children's Gift 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 § 432.016?
A common citation format is "Nevada Revised Statutes § 432.016" (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 § 432.016 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.