NRS 422.382

Intergovernmental transfers of money from counties to Division; deposit in Intergovernmental Transfer Account in State General Fund; administration by Division

Applied in 1 court decision — leading case Nye County v. Washoe Medical Center, Inc. (1994)

Most recently applied in Nye County v. Washoe Medical Center, Inc. (July 1994)

(Added to NRS by 1993, 1967; A 1995, 1427, 1430; 1997, 2630; 1999, 2242; 2001, 3114; 2003, 2990; 2005, 22nd Special Session, 35; 2009, 2293)

1. The money transferred to the Division in accordance with the regulations adopted pursuant to paragraph (a) of subsection 1 of NRS 422.390 must not come from any source of funding that could result in any reduction in revenue to the State pursuant to 42 U.S.C. § 1396b(w).

2. Any money collected in accordance with the regulations adopted pursuant to subsection 1 of NRS 422.390, including any interest or penalties imposed for a delinquent payment, must be deposited in the State Treasury for credit to the Intergovernmental Transfer Account in the State General Fund to be administered by the Division.

3. The interest and income earned on money in the Intergovernmental Transfer Account, after deducting any applicable charges, must be credited to the Account.

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