Section 231.327 - Allocation, grant or loan of money to defray cost of program: Authority of Executive Director to refuse to make disbursement; written notice of refusal; cure of noncompliance; requirement of recipient to refund1. If the Executive Director has reason to believe that a recipient is not using an allocation, grant or loan of money approved pursuant to subsection 6 of NRS 231.1467 and NAC 231.315 in accordance with the agreement entered into by the recipient and the Office pursuant to NAC 231.070, the Office may refuse to make a disbursement from the allocation, grant or loan to the recipient.2. If, pursuant to subsection 1, the Executive Director refuses to make a disbursement from an allocation, grant or loan of money, the Executive Director must provide written notice of the refusal to the recipient of the allocation, grant or loan. The notice must set forth the reasons that the Executive Director found the recipient not to be in compliance with the agreement entered into by the recipient and the Office pursuant to NAC 231.070.3. After receiving a written notice pursuant to subsection 2, the recipient must: (a) Within 30 days after receipt of the notice, cure all areas of noncompliance and notify the Executive Director that it has cured such noncompliance; or(b) Provide information to the Executive Director detailing the recipient's compliance with the agreement entered into by the recipient and the Office.4. Upon receiving the information required by subsection 3, the Executive Director must make a determination as to whether the recipient is in compliance with the agreement entered into by the recipient and the Office pursuant to NAC 231.070 and notify the recipient of his or her determination.5. If the Executive Director determines that the recipient is not using an allocation, grant or loan of money approved pursuant to subsection 6 of NRS 231.1467 and NAC 231.315 in accordance with the agreement entered into by the recipient and the Office pursuant to NAC 231.370, the Executive Director may require the recipient to refund to the Office all or part of the allocation, grant or loan of money. The Executive Director may require that the allocation, grant or loan of money be refunded with interest thereon at the rate set forth in NRS 99.040.Nev. Admin. Code § 231.327
Added to NAC by Office of Economic Dev. by R113-16, eff. 6/26/2018