Nevada Administrative Code
Chapter 445A - Water Controls
FINANCIAL ASSISTANCE FOR CONSTRUCTION OF WASTEWATER TREATMENT WORKS AND POLLUTION CONTROL PROJECTS
Awarding of Financial Assistance
Section 445A.775 - Fee for award of financial assistance

Universal Citation: NV Admin Code 445A.775

Current through September 16, 2024

1. The Director may, with the approval of the Department of Administration, impose and collect a fee for each award of financial assistance from the fund. The fee must not exceed 0.5 percent of:

(a) The amount of the loan, if assistance is given in the form of a loan.

(b) The amount of the obligation, if assistance is given in the form of a guarantee of a municipal obligation or the purchase of insurance for such an obligation.

(c) The amount refinanced, if assistance is given in the form of the refinancing of a municipal obligation.

2. Money so collected must be used to defray the cost of administering the fund.

Added to NAC by Environmental Comm'n, eff. 9-19-90-Substituted in revision for NAC 445.42145

NRS 445A.135

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