Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter612 Unemployment Compensation |
START-UP BUSINESSES FOR VETERANS AND SENIOR CITIZENS |
Program to Disburse Grants to Nonprofit Private Entities |
NAC612.677. Application for grants.
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1. A nonprofit private entity that applies for a grant pursuant to the program must do so in the manner prescribed by the Administrator. The Administrator:
(a) Shall, at a minimum, require the submission of the financial statements of the nonprofit private entity for the 3 years immediately preceding the date of the application; and
(b) May require the nonprofit private entity to demonstrate, to the satisfaction of the Administrator, fiduciary responsibility, principles of accounting practices and fiscal mechanisms consistent with safeguarding public funds and the public interest.
2. Any grant which is awarded to a nonprofit private entity is subject to audit and review by the Division.
(Added to NAC by Employm’t Security Div. by R128-09, eff. 4-20-2010)