Nev. Rev. Stat. § 232.3601

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 232.3601 - "Success contract" defined

As used in this section and NRS 232.3602 and 232.3603, unless the context otherwise requires, "success contract" means a contract between the Director and a person or local government that provides for the person or local government to:

1. Provide or arrange for the provision of services;

2. Finance the cost of those services by soliciting investments; and

3. Receive payment upon the achievement of specified objectives.

NRS 232.3601

Added to NRS by 2017, 3191

Added by 2017, Ch. 498,§2, eff. 1/1/2018.