NRS 294A.286 Establishment; notification of Secretary of State of creation; reporting of contributions and expenditures; deadline; period covered; form; filing; disposition of unspent money in fund.

222 words·~1 min read·/nv/chapter-294a-campaign-practices/294a-286

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. Any candidate or public officer may establish a legal defense fund. A person who administers a legal defense fund shall:

(a)Within 5 days after the creation of the legal defense fund, notify the Secretary of State of the creation of the fund on a form provided by the Secretary of State; and

(b)For the same period covered by the report filed pursuant to NRS 294A.120 or 294A.200 , report any contribution received by or expenditure made from the legal defense fund.

2. Except as otherwise provided in NRS 294A.3733 , the reports required by paragraph

(b)of subsection 1 must be filed in the same manner and at the same time as the report filed pursuant to NRS 294A.120 or 294A.200 .

3. Not later than the 15th day of the second month after the conclusion of all civil, criminal or administrative claims or proceedings for which a candidate or public officer established a legal defense fund, the candidate or public officer shall dispose of unspent money through one or any combination of the following methods:

(a)Return the unspent money to contributors; or

(b)Donate the money to any tax-exempt nonprofit entity.