396.380  Receipt and disbursement of money by Board of Regents; control of expenditures.

1.  The members of the Board of Regents are the sole trustees to receive and disburse all money of the System for the purposes provided in NRS 396.370.

2.  The Board of Regents shall control the expenditures of all money appropriated for the support and maintenance of the System and all money received from any other source.

[Part 3:37:1887; A 1917, 52; 1945, 448; 1943 NCL § 7728] + [Part 2:259:1913; 1919 RL p. 3208; NCL § 7741]—(NRS A 1993, 346)