324.080  Division to fix price of lands; Carey Act Account created.

1.  The Division may fix the price at which the State disposes of lands in each segregation to settlers at the time of their entry, which must not be less than $10 per acre nor more than the fair market value, including costs incidental to the application.

2.  The proceeds must be deposited with the Treasurer for credit to the Carey Act Account, which is hereby created in the State General Fund.

[13:76:1911; RL § 3076; NCL § 5487]—(NRS A 1977, 374, 1193; 1979, 229, 664; 1991, 1764)