1. The Contingency Account is hereby created in the State General Fund. Money for the Account must be provided by direct legislative appropriation.
2. Money in the Contingency Account may be allocated and expended within the limitations and in the manner provided in NRS 353.268, 353.269 and 538.650 or by the Legislature directly:
(a) For emergency use to supplement regular legislative appropriations which fail to cover unforeseen expenses;
(b) To meet expenses pursuant to the requirements of the law; or
(c) As provided by specific statute.