Assembly Bill No. 93–Committee on Government Affairs

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AN ACT relating to state financial administration; requiring certain contracts to be reduced to

writing and signed by each party to those contracts; repealing provisions regarding

recordation, custody and preservation of contracts to which the state is a party; and

providing other matters properly relating thereto.

 

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. Chapter 333 of NRS is hereby amended by adding thereto a

1-2 new section to read as follows:

1-3 Each person who is authorized pursuant to the provisions of this

1-4 chapter to enter into any contract on behalf of this state shall ensure that

1-5 the contract is reduced to writing and signed by each party to the

1-6 contract. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates 1-7 page 5, line 15).

1-8 Sec. 2. NRS 225.070 and 239.040 are hereby repealed.

1-9 Sec. 3. This act becomes effective upon passage and approval.

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