NRS598.0966. Revolving account for Consumer Affairs Division: Creation; use; deposits; withdrawals; reimbursement; duties of Commissioner. [Effective July 1, 2015.]

      1.  There is hereby created a revolving account for the Consumer Affairs Division of the Department of Business and Industry in the sum of $7,500, which must be used for the payment of expenses related to conducting an undercover investigation of a person who is allegedly engaging in a deceptive trade practice.

      2.  The Commissioner shall deposit the money in the revolving account in a bank or credit union qualified to receive deposits of public money as provided by law, and the deposit must be secured by a depository bond satisfactory to the State Board of Examiners.

      3.  The Commissioner or the designee of the Commissioner may:

      (a) Sign all checks drawn upon the revolving account; and

      (b) Make withdrawals of cash from the revolving account.

      4.  Payments made from the revolving account must be promptly reimbursed from the legislative appropriation, if any, to the Consumer Affairs Division for the expenses related to conducting an undercover investigation of a person who is allegedly engaging in a deceptive trade practice. The claim for reimbursement must be processed and paid as other claims against the State are paid.

      5.  The Commissioner shall:

      (a) Approve any disbursement from the revolving account; and

      (b) Maintain records of any such disbursement.

      (Added to NRS by 1997, 157; A 1999, 1516; R temp. 2009, 2732; R temp. 2011, 2652; R temp. 2013, 1054, expires by limitation on June 30, 2015)