Nev. Admin. Code § 612.677

Current through November 8, 2024
Section 612.677 - Application for grants
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.
3. The Administrator may require a nonprofit private entity to repay any grant money that has not been expended in compliance with the terms under which the grant was awarded.

Nev. Admin. Code § 612.677

Added to NAC by Employm't Security Div. by R128-09, eff. 4-20-2010; A by R084-14, eff. 10/24/2014

NRS 612.607