1. The Account for the Channel Clearance, Maintenance, Restoration, Surveying and Monumenting Program is hereby created in the State General Fund.
2. The money in the Account must be administered by the State Engineer and must be expended only to aid local governments in the manner provided in NRS 532.220.
3. If the balance in the Account is below $250,000, the State Engineer may request an allocation from the Contingency Account pursuant to NRS 353.266, 353.268 and 353.269.
4. If the balance in the Account is not sufficient to provide a grant of money to an incorporated city, a county or a political subdivision of this state, the State Engineer shall request an allocation from the Contingency Account pursuant to NRS 353.266, 353.268 and 353.269.
(Added to NRS by 1995, 865; A 1997, 2222; 1999, 1241)