Nev. Admin. Code § 354.875

Current through October 11, 2024

Section 354.875 - Identification of certain conditions: Interpretation of certain statutory terms

As used in NRS NRS 354.685, the Committee interprets:

1. The term "decline" to mean a decline of 20 percent or more in the balance of the general fund of the local government.

2. "Past 2 years" to mean the past 2 fiscal years.

Nev. Admin. Code § 354.875

Added to NAC by Com. on Local Gov't Finance by R201-01, eff. 4-5-2002

NRS 354.107, 354.685