Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE44 AERONAUTICS |
CHAPTER494. State Airports |
NRS494.080. Receipt and expenditure of money; contracts with United States and public agencies.
Latest version.
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1. The State is authorized:
(a) To accept, receive, receipt for, disburse and expend federal and state moneys and other moneys, public or private, made available by grant or loan, or both, to accomplish, in whole or in part, any of the purposes of this chapter.
(b) To enter into contracts and agreements with the United States and other public agencies in connection with carrying out the purposes of this chapter.
2. All federal moneys accepted under this section shall be accepted and expended by the State upon such terms and conditions as are prescribed by the United States and as are consistent with state law.
[7:246:1949; 1943 NCL § 293.7]