Nev. Rev. Stat. § 231.NEW

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 231.NEW - [Newly enacted section not yet numbered] ["Lead participant" defined]

"Lead participant" means a nonprofit corporation that:

1. Is recognized as exempt pursuant to 26 U.S.C. § 501 (c)(3);

2. Has a physical location in this State; and

3. Is designated by the participants in a project as the lead participant in an application submitted pursuant to section 9 of this act.

NRS 231.NEW

Added by 2023, Ch. 501,§4, eff. 6/15/2023.