Nevada Administrative Code
Chapter 231 - Economic Development and Tourism
OFFICE OF ECONOMIC DEVELOPMENT
Catalyst Account
Section 231.445 - Investigation of business receiving disbursement from Account to determine compliance with agreement; immediate notification of noncompliance to Executive Director

1. At the direction of the Executive Director, a sponsoring municipality may conduct an investigation of a business receiving a Catalyst Account disbursement to determine whether the business is creating new primary jobs in accordance with an agreement entered into by the Office and the sponsoring municipality pursuant to NAC 231.435.

2. After conducting an investigation pursuant to subsection 1, if a sponsoring municipality determines that a business receiving a Catalyst Account disbursement has provided false information or failed to create new primary jobs in accordance with the terms of the agreement entered into by the Office and the sponsoring municipality pursuant to NAC 231.435, the sponsoring municipality must immediately notify the Executive Director.