NRS277.170. Appropriations; furnishing of property, personnel and services; issuance of securities.

Latest version.

      1. A public agency which has entered into an agreement pursuant to NRS 277.080 to 277.170, inclusive, may support the administrative joint board or other legal or administrative entity created to operate the joint or cooperative undertaking, to the extent that funds for such operation are not made available through grant, gift or other source, in any one or more of the following ways:

      (a) By appropriating funds;

      (b) By selling, leasing, giving or otherwise supplying property; or

      (c) By providing such personnel or services as may be within its legal power to furnish.

      2. A public agency may also support a joint or cooperative undertaking by issuing its own securities to defray costs ultimately to be borne by the other party, in contemplation of later repayment.

(Added to NRS by 1965, 1334; A 1967, 698; 1995, 1605)

                    
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