Nevada Administrative Code
Chapter 349 - State Obligations
FINANCING OF WATER PROJECTS
Filing, Review and Approval of Applications
Section 349.380 - Review and findings of Director; commitment for loan

Universal Citation: NV Admin Code 349.380

Current through December 31, 2024

1. Upon receipt of a resolution of the Board giving final approval to a water project, the Director will review all documents pertaining to the project. If the project complies with all applicable legal requirements, the Director will prepare findings and submit them to the State Board of Examiners for approval as required by law.

2. If the State Board of Examiners approves the Director's findings, a loan commitment may be made by the Director. If such a commitment is made, the Director will enter into a contract specifying the amount of the loan, schedule of the loan, charges for interest, schedule for repayment, escrow agent, and other terms covering security and the operation and maintenance of the water project.

Added to NAC by Dep't of Commerce, eff. 4-22-88

NRS 349.946

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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