Nev. Rev. Stat. § 704.7568

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 704.7568 - "Dispose of a generation asset" defined

"Dispose of a generation asset" means to:

1. Sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person; or
2. Perform any promise, covenant or obligation to sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person pursuant to the terms of a contract or agreement executed before, on or after April 18, 2001, unless, before April 18, 2001:
(a) All terms and conditions of the contract or agreement were satisfied; and
(b) All parties to the contract or agreement fully performed all promises, covenants and obligations under the contract or agreement.

NRS 704.7568

Added to NRS by 2001, 343
Added to NRS by 2001, 343