Establishment of Program under certain circumstances; solicitation of gifts, grants and donations; authorized activities of Program.
Nev. Rev. Stat. § 422A.492
in effectThe Office of the State Treasurer:
1. Shall solicit and apply for gifts, grants and donations for the purpose of carrying out the provisions of NRS 422A.487 to 422A.497 , inclusive, including, without limitation, to fund matching payments by fiduciary institutions pursuant to NRS 422A.495 and fund the instruction and training required by NRS 315.515 , 315.9945 , 422.399 , 424.089 and 432B.650 and paragraph (m) of subsection 1 of NRS 226.110 .
2. To the extent that sufficient money is obtained pursuant to subsection 1, shall establish the Individual Development Account Program.
3. If the Program is established, may:
(a) Transfer a portion of the money obtained pursuant to subsection 1 to:
(1) The Nevada Health Authority to provide the instruction required by NRS 422.399 ;
(2) Each licensing authority, as defined in NRS 424.016 , to provide the instruction required by NRS 424.089 ;
(3) Each agency which provides child welfare services, as defined in NRS 432B.030 , to provide the instruction required by NRS 432B.650 ; and
(4) Each authority, as defined in NRS 315.170 , and the Nevada Rural Housing Authority created by NRS 315.977 , to provide the instruction required by NRS 315.515 and 315.9945 , respectively; and
(b) Select one or more fiduciary organizations pursuant to NRS 422A.496 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-422A.htmlFetched: 10/4/2026