Nevada Administrative Code
Chapter 445A - Water Controls
ACCOUNT FOR THE REVOLVING FUND AND ACCOUNT FOR SET-ASIDE PROGRAMS
Requirements for Water Projects
Section 445A.67626 - Disbursement of money pursuant to loan: Submission of requests and proof of appropriate distribution by recipient; requirements
Universal Citation: NV Admin Code 445A.67626
Current through September 16, 2024
1. A recipient:
(a) May submit to the Division periodic
requests for the disbursement of money pursuant to the loan. Each request must
be on a form provided by the Division.
(b) Shall submit to the Division
documentation demonstrating that any prior disbursements of money pursuant to
the loan have been distributed by the recipient in an appropriate manner. The
proof must consist of copies of the front and back of cancelled checks issued
by the recipient for the payment of reimbursable costs.
2. The documentation submitted pursuant to paragraph (b) of subsection 1 must consist of :
(a) Written documentation from a financial
institution of wire transfers or other electronic fund transfers initiated by
the recipient; or
(b) Copies of the
cancelled checks issued by the recipient , for the payment of reimbursable
costs.
3. The disbursement of any money to a recipient must comply with the loan contract.
4. The approval of each payment must be based on the actual reimbursable costs incurred to date.
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 R099-14, eff. 10/24/2014
NRS 445A.270
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