Nevada Code § 641.111

Deposit and expenditure of money
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Except
as otherwise provided in NRS 641.2252 ,
all money coming into possession of the Board must be kept or deposited by the
Secretary-Treasurer in banks, credit unions, savings and loan associations or
savings banks in the State of Nevada to be expended for payment of compensation
and expenses of board members and for other necessary or proper purposes in the
administration of this chapter.

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