Nevada Code § 463.331

Investigative Fund
Open in Lexace · Ask the AI about this section
1. An Investigative Fund is hereby created
as an enterprise fund for the purposes of paying all expenses incurred by the
Board and the Commission for investigation of an application for a license,
finding of suitability or approval under the provisions of this chapter. The
special revenue of the Investigative Fund is the money received by the State
from the respective applicants. The amount to be paid by each applicant is the
amount determined by the Board in each case, but the Board may not charge any
amount to an applicant for a finding of suitability to be associated with a
gaming enterprise pursuant to paragraph (a) of subsection 2 of NRS 463.167 , other than a club venue
operator.
2. Expenses may be advanced from the
Investigative Fund by the Chair, and expenditures from the Fund may be made
without regard to NRS 281.160 . Any money
received from the applicant in excess of the costs and charges incurred in the
investigation or the processing of the application must be refunded pursuant to
regulations adopted by the Board and the Commission. At the conclusion of the
investigation, the Board shall give to the applicant a written accounting of
the costs and charges so incurred.
3. Within 3 months after the end of a
fiscal year, the amount of the balance in the Fund in excess of $2,000 must be
deposited in the State General Fund.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.