NAC414.120. Allocation and expenditure of money pursuant to subsection 4 of NRS 414.135.

     1. A state agency or political subdivision that seeks an allocation of money pursuant to subsection 4 of NRS 414.135 must submit, in writing, an application to the Division.

     2. Any money allocated from the Emergency Assistance Account pursuant to subsection 4 of NRS 414.135 must be expended within 60 days after the approval of the allocation by the Division, unless such time is extended by the Division based upon a showing of good cause by the requesting entity.

     3. A request for an extension of the time in which an allocation is required to be expended must be submitted to the Division in writing and approved by the Division before the expiration of the period in which the allocation is required to be expended pursuant to this section.

     4. Any money advanced but not expended within the period required pursuant to this section must be returned to the Emergency Assistance Account. Any money returned or obligated but not expended within the period required pursuant to this section will be made available for reallocation.

     (Added to NAC by Div. of Emergency Mgt. by R202-01, eff. 4-24-2003)