Nevada Code § 285.035

Merit Award Account: Creation; administration; use; interest and income; reversion
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1. The Merit Award Account is hereby
created in the State General Fund.
2. The Board shall administer the Merit
Award Account.
3. The money in the Merit Award Account
may be expended only for the purposes of the Merit Award Program established by NRS 285.020 .
4. The interest and income earned on the
money in the Merit Award Account must be credited to the Account.
5. The balance remaining in the Merit
Award Account that has not been committed for expenditure on or before June 30
of an odd-numbered year reverts to the State General Fund.

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