NRS354.608. Contingency account: Establishment; limit on appropriations; expenditures.  


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  •   A contingency account may be established in any governmental fund. The maximum amount which may be appropriated for such a contingency account is 3 percent of the money otherwise appropriated to the fund, exclusive of any amounts to be transferred to other funds. No expenditure may be made directly from such a contingency account, except as a transfer to the appropriate account, and then only in accordance with the procedure established in NRS 354.598005.

      (Added to NRS by 1965, 733; A 1981, 1766; 2001, 1807)