NAC701.670. Eligibility for loan and financing from Account.

Latest version.

     1. Except as otherwise provided in this section, the owner or operator of a project may apply for a loan from the Account.

     2. To be eligible for financing from the Account, the owner or operator of a project must submit a complete application to the Director and the Director must determine that the applicant is qualified to receive financing from the Account.

     3. The following activities are not eligible for financing from the Account:

     (a) Research or general planning;

     (b) Refinancing of existing debt;

     (c) Purchase of land or water rights; or

     (d) Operation and maintenance.

(Added to NAC by Office of Energy by R161-09, eff. 6-30-2010; A by R063-11, 2-15-2012)

                    
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