Nevada § 561.335 - Revolving Account for Agriculture Working Capital

§ 561.335. Revolving Account for Agriculture Working Capital

1. The Revolving Account for Agriculture Working Capital in the amount of $10,000

is hereby created for the use of the Department. 2. The Account must be used specifically for carrying out the provisions of NRS 569.005 to 569.080 , inclusive, and 569.100 to 569.130 , inclusive. 3. The Account may be used for: (a) Paying the expenses of all programs and laws administered by the Department, except

expenses related to estrays and feral livestock which are required to be paid pursuant

to NRS 569.090 . The Account must be reimbursed promptly from the proper funds in the State Treasury

by claims paid as other claims against the State are paid for any expenses paid pursuant

to this paragraph. (b) Providing advance money to officers and employees of the Department for travel

expenses and subsistence allowances arising out of their official duties or employment. Such an advance constitutes a lien in favor of the Department upon the accrued wages

of the requesting officer or employee in an amount equal to the sum advanced, but

the Director may advance more than the amount of the accrued wages of the officer

or employee. Upon the return of the officer or employee, the officer or employee is entitled

to receive any authorized expenses and subsistence in excess of the amount advanced,

and a sum equal to the advance must be paid into the Revolving Account for Agriculture

Working Capital. (c) Making grants and loans for any purpose authorized by subsection 2 of NRS 561.445 . Any loan or grant made pursuant to this paragraph must be reimbursed promptly, as

other claims against the State are paid, from the money deposited in the State Treasury

pursuant to subsection 1 of NRS 561.445 . 4. The Revolving Account for Agriculture Working Capital must be deposited in a bank

or credit union qualified to receive deposits of public money and the deposit must

be secured by a depository bond satisfactory to the State Board of Examiners.