1. The Board of Regents shall establish fiscal policies and procedures in connection with the operation of contractual or sponsored activities of the Ethics Institute, apart from those fiscal policies and procedures which are applicable to other branches or facilities of the System.
2. None of the other provisions of this chapter or the provisions of title 23 or 31 of NRS or any other statute relating to public officers and employees or public financial administration applies to the receipt, investment, management, disbursement, use, expenditure or accounting for any money or property received by the Board of Regents pursuant to NRS 396.7972.
3. Any money received by or made available to the Board of Regents for the Ethics Institute is subject to all laws relating to public money and expenditures.
(Added to NRS by 1987, 1233; A 1993, 356)