Nevada § 432.0165 - Nevada Children's Gift Revolving Account
Full text of Nevada Nevada Revised Statutes § 432.0165 — Nevada Children's Gift Revolving Account, with citation guidance and answers to common questions.
§ 432.0165. Nevada Children's Gift Revolving Account
1. The Nevada Children's Gift Revolving Account is hereby created. All money in the Nevada Children's Gift Revolving Account must be deposited in
a financial institution qualified to receive deposits of public money and must be
secured with a depository bond that is satisfactory to the State Board of Examiners,
unless it is otherwise secured by the Federal Deposit Insurance Corporation, the National
Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 672.755 . 2. The money in the Nevada Children's Gift Revolving Account may be distributed by
the Division to foster parents, upon request, on the basis of need, to pay the costs
associated with participation by a child in foster care in intramural, recreational,
social, school and sports-related activities, including, without limitation, uniforms
and equipment, the rental of musical instruments, registration fees and art lessons. 3. All requests for distributions of money from the Nevada Children's Gift Revolving
Account must be made to the Division in writing. The person making the request must demonstrate that all other resources for money
to pay for the activity have been exhausted. 4. The Division shall develop policies for the administration of this section. 5. Purchases made by the Division pursuant to this section are exempt from the provisions
of the State Purchasing Act. 6. The balance in the Nevada Children's Gift Revolving Account must be carried forward
at the end of each fiscal year.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 432.0165
What does Nevada Revised Statutes § 432.0165 cover?
Section 432.0165 ("Nevada Children's Gift Revolving 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 § 432.0165?
A common citation format is "Nevada Revised Statutes § 432.0165" (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 § 432.0165 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.