Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 360.271 — Deposit of money received by Department in lieu of surety bond
All money which the Department receives in
lieu of a surety bond from any dealer, importer or other person to meet a
prerequisite for the issuance of a license or to comply with a provision of
this title must be deposited with the State Treasurer for credit to the
Department of Taxations Account in the State Agency Fund for Bonds.
Source: official text