Nev. Rev. Stat. § 704.7585

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 704.7585 - Provisions do not prohibit certain transactions involving generation assets or other property

The provisions of NRS 704.7561 to 704.7595, inclusive, do not prohibit an electric utility from pledging, mortgaging, granting a security interest in or otherwise encumbering any of its generation assets or other property for the purpose of securing indebtedness of the electric utility which exists on April 18, 2001, or which is issued or incurred by the electric utility after April 18, 2001, in financing transactions approved by the Commission.

NRS 704.7585

Added to NRS by 2001, 3269
Added to NRS by 2001, 3269