NRS598.371. Administration of Fund: Separate accounting; limitations on use. [Effective July 1, 2015.]

Latest version.

1. The Division shall administer and account separately for the money received from each seller of travel pursuant to the provisions of paragraph (d) of subsection 1 and paragraph (c) of subsection 4 of NRS 598.365. The Division may refer to the money in the account as the “Recovery Fund.”

2. Except as otherwise provided in NRS 598.372, the money in the account must be used to pay claims made by consumers who are eligible for recovery from the account pursuant to NRS 598.373 and 598.374.

(Added to NRS by 2003, 1820; R temp. 2009, 2732; R temp. 2011, 2652; R temp. 2013, 1054, expires by limitation on June 30, 2015)

                    
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