445A.817 - “Financial capability” defined. - Nevada Statutes

445A.817  “Financial capability” defined.  “Financial capability” means the ability of a public water system to:

      1.  Pay the costs related to maintenance, operations, depreciation and capital expenses;

      2.  Maintain creditworthiness; and

      3.  Establish and maintain adequate fiscal controls and accounting methods required for the operation of the system.

      (Added to NRS by 1999, 1865)