“Reserve” means, in accounting and reporting of government funds, a portion of the fund equity which is not appropriable for expenditures or is segregated by law or contract for a specific future use.
NRS 354.560
“Reserve” defined
Known as the Local Government Budget and Finance Act
The act spans §§ 354–354 (155 sections).
(Added to NRS by 1965, 729; A 1971, 183; 1981, 1763; 1987, 631)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.