353.305 - “Fund” defined.
353.305 “Fund” defined. “Fund” means a fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated to carry on specific activities or attain certain objectives in accordance with special regulations, restrictions or limitations.
(Added to NRS by 1969, 506; A 1987, 623)