Section 231.320 - Allocation, grant or loan of money to defray cost of program: Recipient must not use money to supplant money otherwise available; requirement to purchase equipment from Nevada System of Higher Education; acceptance of liability for equipment1. Any recipient of an allocation, grant or loan of money approved pursuant to subsection 6 of NRS 231.1467 and NAC 231.315 must not use the allocation, grant or loan of money to supplant money received from another federal, state or other public or private entity that would otherwise be used in the absence of the allocation, grant or loan of money.2. Any equipment purchased by the recipient of an allocation, grant or loan of money approved pursuant to subsection 6 of NRS 231.1467 and NAC 231.315 must be purchased from the Nevada System of Higher Education. If the authorized provider is a private for-profit or nonprofit entity, at the conclusion of the program provided by the authorized provider, the authorized provider must return any equipment to the Nevada System of Higher Education if the System requests the return of the equipment and agrees to provide assistance in returning the equipment to the System3. Any private for-profit or nonprofit entity that is an authorized provider and that purchases equipment from the Nevada System of Higher Education with an allocation, grant or loan of money approved pursuant to subsection 6 of NRS 231.1467 and NAC 231.315 must agree to accept all liability and hold harmless this State and the Nevada System of Higher Education for any claim resulting from the installation, maintenance or operation of any such equipment.Nev. Admin. Code § 231.320
Added to NAC by Office of Economic Dev. by R113-16, eff. 6/26/2018