Nevada Administrative Code
Chapter 704A - Facilities Placed Underground
TELEPHONE FACILITIES
Section 704A.540 - Interest on refundable advance
Universal Citation: NV Admin Code 704A.540
Current through December 12, 2024
1. Interest accrues for the first 6 months on any refundable cash advance paid to the telephone company under NAC 704A.520.
2. The company has no obligation to pay interest to the developer on any other cash advance.
3. The interest is at an annual rate equal to the lowest daily prime rate at the three largest United States banking institutions on the day the company receives the advance.
Added to NAC by Pub. Service Comm'n, eff. 3-15-84
NRS 703.025, 704.260, 704.280, 704A.300
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.
