1. "Public money" means all money deposited with a depository by any of the following:
(a) The State Treasurer.
(b) An official custodian with plenary authority, including control over money belonging to, or held for the benefit of, the State or any of its political subdivisions, public corporations, municipal corporations, courts, or public agencies, boards, commissions or committees. If the exercise of plenary authority over public money requires action by or the consent of two or more recognized official custodians, the official custodians shall be treated as one official custodian having plenary authority over the public money. For the purposes of this paragraph:
(1) "Control" means the possession of public money and the authority to establish accounts of public money in public depository institutions and to make deposits, withdrawals and disbursements of public money.
(2) "Official custodian" means the State or any of its political subdivisions, public corporations, municipal corporations, courts, or public agencies, boards, commissions or committees.
(c) A public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, acting as a trustee, agent or bailee.
2. The term does not include money deposited with a depository by:
(a) A Native American tribe or an agent or representative thereof;
(b) The Federal Government or an agent or representative thereof; or
(c) The Public Employees’ Retirement System or an agent or representative thereof.
(Added to NRS by 2003, 20th Special Session, 285; A 2007, 918; 2019, 1549)
Structure Nevada Revised Statutes
Chapter 356 - Depositories of Public Money and Securities
NRS 356.010 - Conditions; redeposit of amounts in excess of insurance limits; compensation.
NRS 356.025 - Requirements for use of first mortgage or first deed of trust as collateral.
NRS 356.030 - Procedure for sale of securities if depository fails to pay deposit on demand.
NRS 356.040 - Depository to furnish statements of account and evidence of checks.
NRS 356.080 - State Controller’s warrant.
NRS 356.083 - Calls from inactive deposits; waiver of interest.
NRS 356.085 - Interest on deposits: Contract; amount.
NRS 356.087 - Interest to be deposited in State General Fund; exceptions.
NRS 356.090 - Depository at state capital may be relieved of payment of interest on deposits.
NRS 356.105 - Depository not required to accept state deposits.
NRS 356.120 - Conditions for deposit in demand accounts.
NRS 356.127 - Conditions for deposit in insured deposit accounts; redeposit of uninsured amounts.
NRS 356.130 - Release of county treasurer’s bondsmen.
NRS 356.135 - Procedure for sale of securities if depository fails to pay deposit on demand.
NRS 356.150 - Withdrawal of deposits.
NRS 356.160 - Requirements for payment of warrant of county auditor.
NRS 356.170 - Contents of register of checks and orders required to be kept by county treasurer.
NRS 356.180 - Endorsement of county auditor’s warrant by county treasurer.
NRS 356.220 - Certificate to be attached to depository bond.
NRS 356.305 - "Acceptable securities" defined.
NRS 356.310 - "Depository" defined.
NRS 356.330 - "Public money" defined.
NRS 356.340 - "Third-party depository" defined.
NRS 356.370 - Levy of assessment; notice regarding assessment.
NRS 356.380 - Payment of assessment; administrative fine for failure to pay.