NRS 353B.150 Administration by State Treasurer; duties and powers of State Treasurer.
148 words·~1 min read·
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NRS 353B.150 Administration by State Treasurer; duties and powers of State Treasurer.
1. The State Treasurer shall administer the Trust Fund.
2. As Administrator of the Trust Fund, the State Treasurer:
(a)Shall maintain the financial records of the Trust Fund;
(b)Shall invest the property in the Trust Fund pursuant to the policies for investment established by the Board pursuant to NRS 353B.160 ;
(c)Shall manage any account associated with the Trust Fund;
(d)Shall maintain any instruments that evidence investments made with property from the Trust Fund;
(e)May contract with vendors for any good or service that is necessary to carry out the provisions of NRS 353B.010 to 353B.190 , inclusive;
(f)May hire such employees as are necessary to carry out the provisions of NRS 353B.010 to 353B.190 , inclusive; and
(g)May perform any other duties necessary to administer the Trust Fund.