1. Money to carry out the provisions of this chapter must be provided by direct legislative appropriation from the State General Fund and must be accounted for in the Western Regional Higher Education Compact Account which is hereby created.
2. The money in the Account may be used by the three Nevada State Commissioners appointed pursuant to NRS 397.030:
(a) To pay dues to the Western Interstate Commission for Higher Education.
(b) To meet necessary administrative expenses.
(Added to NRS by 1959, 78; A 1963, 619; 1977, 429; 1983, 312; 2003, 939)