Nevada Code § 353.250

Designation of financial institutions for deposit of state money; requirements for deposit of state money; criminal penalty
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1. The State Treasurer shall designate the
financial institutions into which money received by a state officer, department
or commission must be deposited.
2. Except as otherwise provided in
subsections 3, 4 and 5, every state officer, department or commission which
receives or which may receive any money of the State of Nevada or for its use
and benefit shall deposit on or before Thursday of each week, in a financial
institution designated by the State Treasurer to the credit of the State
Treasurers Account, all money received by that officer, department or
commission during the previous week.
3. Except as otherwise provided in
subsections 4 and 5, if on any day the money accumulated for deposit is $10,000
or more, a deposit must be made not later than the next working day.
4. If the Department of Wildlife or the
Division of State Parks of the State Department of Conservation and Natural
Resources accumulates for deposit $10,000 or more on any day, the money must be
deposited within 10 working days.
5. Except as otherwise provided in this
subsection, if the Division of Social Services of the Department of Human
Services accumulates for deposit $10,000 or more in child support payments on
any day, the money must be deposited within 2 working days after its
accumulation. Any such money for which the Division is unable to identify the
obligee within 2 working days after its accumulation must, within 5 working
days after its accumulation, be:
(a) Deposited, if the Division is able to
identify the obligee.
(b) Returned to the payor, if the Division is
unable to identify the obligee.
6. Every officer, department or commission
which is required to deposit money with the State Treasurer shall comply with
that requirement by depositing the money in a financial institution designated
by the State Treasurer to the credit of the State Treasurers Account.
7. Every officer, head of any department
or commissioner who fails to comply with the provisions of this section is
guilty of a misdemeanor in office.
8. As used in this section, financial
institution means a bank, savings and loan association, savings bank, thrift
company or credit union regulated pursuant to title 55 of NRS.

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