Nev. Rev. Stat. ch. 356 – Depositories of Public Money and Securities | Midpage

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Nevada Revised Statutes

Chapter 356

Nev. Rev. Stat. ch. 356

Depositories of Public Money and Securities

356.005Deposit of public money in bank, credit union, savings and loan association or savings bank 356.007Preference for bank, credit union, savings and loan association or savings bank within specially benefited zone 356.010Conditions; redeposit of amounts in excess of insurance limits; compensation 356.011Requirements for account of state agency in bank, credit union, savings and loan association or savings bank 356.015Time certificates of deposit: Establishment of rate of interest; warrants; inactive deposits 356.020Collateral for uninsured deposits: Types; pledge; fair market value; review; reports by depository; deposit of additional securities 356.025Requirements for use of first mortgage or first deed of trust as collateral 356.030Procedure for sale of securities if depository fails to pay deposit on demand 356.040Depository to furnish statements of account and evidence of checks 356.050Liability of State Treasurer if depository fails or becomes insolvent; deposit of collateral or security for safekeeping 356.070Withdrawal of deposits; contents of register of checks and orders required to be kept by State Treasurer 356.080State Controller’s warrant 356.083Calls from inactive deposits; waiver of interest 356.085Interest on deposits: Contract; amount 356.087Interest to be deposited in State General Fund; exceptions 356.090Depository at state capital may be relieved of payment of interest on deposits 356.105Depository not required to accept state deposits 356.110Penalties 356.120Conditions for deposit in demand accounts 356.125Written consent of board of county commissioners required for deposits in time accounts; contracts for time accounts; depository not required to accept county deposits 356.127Conditions for deposit in insured deposit accounts; redeposit of uninsured amounts 356.130Release of county treasurer’s bondsmen 356.133Collateral required for uninsured deposits: Types; pledge; fair market value; review; reports by depository; deposit of additional securities 356.135Procedure for sale of securities if depository fails to pay deposit on demand 356.140Demand, time and insured deposit accounts to be kept in name of county; balances accounted for as cash 356.150Withdrawal of deposits 356.160Requirements for payment of warrant of county auditor 356.170Contents of register of checks and orders required to be kept by county treasurer 356.180Endorsement of county auditor’s warrant by county treasurer 356.190Liability of county treasurer if depository fails or becomes insolvent; deposit of collateral or security for safekeeping 356.200Deposit of county money in bank, credit union, savings and loan association or savings bank by other county officers 356.210Stockholder, member or director of bank, credit union, savings and loan association or savings bank may not be stockholder or director of surety company 356.220Certificate to be attached to depository bond 356.230Penalty 356.300Definitions 356.305“Acceptable securities” defined 356.310“Depository” defined 356.330“Public money” defined 356.340“Third-party depository” defined 356.350Establishment 356.360Amount of required collateral; limitation on amount of public money held; reports; administrative fine 356.370Levy of assessment; notice regarding assessment 356.380Payment of assessment; administrative fine for failure to pay 356.390Regulations