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NRS 354.5237

“Fiduciary fund” defined

Known as the Local Government Budget and Finance Act

The act spans §§ 354–354 (155 sections).

(Added to NRS by 2001, 1793)

“Fiduciary fund” means a fund used to report assets held in a trustee or agency capacity for others and therefore cannot be used to support the programs of the local government.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.