NRS445A.817. “Financial capability” defined.

Latest version.

“Financial capability” means the ability of a public water system to:

      1. Pay the costs related to maintenance, operations, depreciation and capital expenses;

      2. Maintain creditworthiness; and

      3. Establish and maintain adequate fiscal controls and accounting methods required for the operation of the system.

(Added to NRS by 1999, 1865)

                    
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