Nev. Admin. Code § 231.445 - Investigation of business receiving disbursement from Account to determine compliance with agreement; immediate notification of noncompliance to Executive Director
1. At the direction
of the Executive Director, a sponsoring municipality may conduct an investigation
of a business receiving a Catalyst Account disbursement to determine whether the
business is creating new primary jobs in accordance with an agreement entered
into by the Office and the sponsoring municipality pursuant to NAC
231.435.
2. After conducting an
investigation pursuant to subsection 1, if a sponsoring municipality determines
that a business receiving a Catalyst Account disbursement has provided false
information or failed to create new primary jobs in accordance with the terms of
the agreement entered into by the Office and the sponsoring municipality pursuant
to NAC 231.435, the sponsoring municipality must immediately notify the Executive
Director.
Notes
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