Nevada Administrative Code
Chapter 445A - Water Controls
ACCOUNT FOR THE REVOLVING FUND AND ACCOUNT FOR SET-ASIDE PROGRAMS
Filing, Review and Approval of Applications for Financial Assistance
Section 445A.67617 - Rejection of application

Universal Citation: NV Admin Code 445A.67617

Current through September 16, 2024

The Division shall reject an application if the applicant fails to:

1. Submit a complete application pursuant to NAC 445A.67613 and 445A.67614;

2. Provide documentary evidence that the applicant has access to dedicated sources of revenue that are sufficient, in the judgment of the Division, to ensure repayment of the loan;

3. Provide adequate collateral for the loan;

4. Demonstrate the legal, technical, managerial, institutional and financial capability to provide adequately for the operation, maintenance and replacement of the public water system during the term of the loan;

5. Demonstrate the technical, financial and managerial capability required for continuous compliance with the Safe Drinking Water Act and NAC 445A.450 to 445A.6731, inclusive; and

6. Carry out any mitigating measures that the Division has required.

Added to NAC by Bd. of Health by R067-98, eff. 7-23-98

NRS 445A.270

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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