279.393 - “Eligible railroad” defined. - Nevada Statutes

279.393  “Eligible railroad” defined.  “Eligible railroad” means a railroad in existence on or before July 1, 2005:

      1.  That is located in a county whose population is less than 100,000; and

      2.  Of which no less than one-half of the ownership interest in the railroad is held by a governmental entity or nonprofit organization, or both.

      (Added to NRS by 2005, 2213)