Statute 287 365

1. No money may be withdrawn or appropriated from the Program, except: (a) For payment to a participant or beneficiary of a participant pursuant to the terms of the Program; (b) In the amount required to pay the necessary expenses of administering the Program; (c) As specifically authorized by federal law or regulation or by a special act of the Legislature; or (d) To compensate the member of the Committee appointed pursuant to paragraph (c) of subsection 1 of NRS 287.325. 2. All money withdrawn from the Program pursuant to paragraphs (b) and (d) of subsection 1 must be deposited in the State General Fund for credit to the deferred compensation account created pursuant to subsection 2 of NRS 287.330. (Added to NRS by 1995, 1867; A 1997, 26; 1999, 33)