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.67622 - Loan contract: Conditions for offer
Universal Citation: NV Admin Code 445A.67622
Current through September 16, 2024
The Division shall not offer a loan contract to an applicant until:
1. The Board for Financing Water Projects has issued its approval of the water project to the applicant; and
2. The applicant has:
(a) Submitted to the Division a definite
schedule for the water project which includes:
(1) A reasonable period to complete the water
project after the commencement of bidding; and
(2) The times when funds are expected to be
drawn from the Account for the Revolving Fund;
(b) If collateral for the loan is required,
provided the collateral; and
(c) If
additional security for the loan is required, provided such
security.
Added to NAC by Bd. of Health by R067-98, eff. 7-23-98; A by Environmental Comm'n by R128-04, 2-14-2005; A by R109-22A, eff. 12/29/2022
NRS 445A.270
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