NAC 426.222

Payments must be drawn on business account; recordation of personal expenses.

Last amended: 2006Year: 2026Length: 53 wordsOfficial source

Cite as Nev. Admin. Code Sec. 426.222

A payment required by NAC 426.010 to 426.500 , inclusive, must be drawn on the business account of an operator or trainee. A payment that is made, other than a payment for a business deduction, must be recorded as a personal expense on the monthly balance sheet maintained by the operator or trainee.
NAC 426.222: Payments must be drawn on business account; recordation of personal expenses. | Justis AI