Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE31 PUBLIC FINANCIAL ADMINISTRATION |
CHAPTER354. Local Financial Administration |
BUDGETS OF LOCAL GOVERNMENTS |
NRS354.560. “Reserve” defined.
Latest version.
- “Reserve” means, in accounting and reporting of government funds, a portion of the fund equity which is not appropriable for expenditures or is segregated by law or contract for a specific future use.
(Added to NRS by 1965, 729; A 1971, 183; 1981, 1763; 1987, 631)