NAC538.358. “Operating year” defined.  


Latest version.
  • “Operating year” means a 12-month period that coincides with the 12-month period designated by federal law as a fiscal year. Until changed by federal law, the term means the period that commences October 1 of each year, immediately following midnight of September 30 of that year, and ends at midnight of September 30 of the following year.

     (Added to NAC by Colorado River Comm’n by R123-00, eff. 2-15-2001; A by R108-06, 6-28-2006)