Section 388A.730 - Financing agreementIf a request for bond financing is approved by the Director of the Department of Business and Industry:
1. The obligor shall enter into a written financing agreement with the Director of the Department of Business and Industry, contingent upon action by the State Board of Finance pursuant to NRS 388A.650 and 388A.655, setting forth the respective rights and duties of the Director and the obligor.2. In addition to the provisions required by NRS 388A.585, the financing agreement: (a) Must set forth any fees of the Department of Business and Industry applicable to the bond financing.(b) May require the obligor to disclose such records and information and be subject to such audit requirements as the Director of the Department of Business and Industry deems appropriate.(c) Must require the obligor to pay in advance the estimated costs of processing and implementing the request for bond financing and the financing agreement, in such amounts and at such times as determined by the Director of the Department of Business and Industry.3. The Director of the Department of Business and Industry will submit his or her findings to the State Board of Finance for approval pursuant to NRS 388A.650 and 388A.655.Nev. Admin. Code § 388A.730
Added to NAC by Dep't of Business & Industry by R099-13, eff. 6-23-2014 - Substituted in revision for NAC 386.464