Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 120A.645 - Donation to State for educational purposes1. A person with a claim to property paid or delivered to the Administrator that is less than $500 may, if the claim is allowed by the Administrator pursuant to NRS 120A.640, donate the money or the net proceeds from the sale of the property, together with any dividend, interest or other increment to which the person is entitled under NRS 120A.600 and 120A.610, to the State for educational purposes.2. The Administrator must, within 30 days after the allowance of a claim pursuant to NRS 120A.040, transfer the amount of the claim, together with any dividend, interest or other increment to which the person is entitled under NRS 120A.600 and 120A.610, from the Abandoned Property Trust Account to the State Education Fund created by NRS 387.1212.3. The Administrator may adopt regulations to carry out the provisions of this section.Added to NRS by 2015, 2875; A 2019, 3226Amended by 2019, Ch. 533,§2.5, eff. 7/1/2019.Added by 2015, Ch. 486,§6, eff. 7/1/2015.