Nevada Code § 226.466

Account for Student Loan Repayment for Providers of Health Care and Public Health Professionals in Underserved Communities: Creation; administration; sources and uses of money; interest and income; gifts, donations, bequests and grants
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1. The Account for Student Loan Repayment
for Providers of Health Care and Public Health Professionals in Underserved
Communities is hereby created in the State General Fund. The State Treasurer
shall administer the Account.
2. Money for the Account may be provided:
(a) By direct legislative appropriation;
(b) By transfer from another account, including,
without limitation, the Abandoned Property Trust Account created by NRS 120A.620 ; or
(c) As provided in subsection 5.
3. Money in the Account must be used
solely:
(a) To administer the Account and the Program;
and
(b) To repay the student education loans of
providers of health care and public health professionals who have qualified for
such repayment pursuant to NRS 226.460 and 226.462 .
4. The interest and income earned on the
money in the Account, after deducting any applicable charges, must be credited
to the Account. Any money remaining in the Account at the end of a fiscal year
does not revert to the State General Fund, and the balance in the Account must
be carried forward to the next fiscal year.
5. The State Treasurer may apply for and
accept any gift, donation, bequest, grant or other source of money for the
purpose of administering the Program and repaying the student education loans
of providers of health care and public health professionals who have qualified
for repayment of student education loans pursuant to NRS 226.460 and 226.462 . The State Treasurer shall deposit
any money so received into the Account.

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