Nevada Administrative Code
Chapter 349 - State Obligations
REVENUE BONDS FOR INDUSTRIAL DEVELOPMENT
Section 349.036 - Bond facilitators: Duties

Universal Citation: NV Admin Code 349.036

Current through September 16, 2024

An approved bond facilitator shall inform:

1. The applicant or prospective applicant, at the earliest time practicable, that the decision to use the services of a bond facilitator is solely that of the applicant or prospective applicant and that the applicant or prospective applicant is not required to use those services in order to apply for or obtain the financing of revenue bonds.

2. The applicant or prospective applicant, at the earliest time practicable, that the bond facilitator acts as the sole agent of the applicant or prospective applicant and does not represent or have any influence over the Director in his or her decision to issue revenue bonds pursuant to the provisions of NAC 349.010 to 349.080, inclusive.

3. The applicant or prospective applicant, at the earliest time practicable, that the Director is not responsible or liable for the acts of the bond facilitator.

4. The Director, upon his or her request, of the financial arrangement between the bond facilitator and the applicant or prospective applicant.

Added to NAC by Dep't of Business & Industry by R039-02, eff. 6-26-2002

NRS 349.630

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.