Nev. Admin. Code § 231A.100 - Recapture: Provisions of subsection 3 of NRS 231A.250 interpreted
For the purposes of subsection 3 of NRS 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363, the Department will interpret the requirements of that subsection to apply only to the amount of the qualified equity investment or impact qualified equity investment regarding which a qualified community development entity or impact qualified community development entity has certified investment authority. In accordance with the requirements of subsection 3 of NRS 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363, and as interpreted by the Department pursuant to this section:
Notes
NRS 231A.150, 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
For the purposes of subsection 3 of NRS 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363, the Department will interpret the requirements of that subsection to apply only to the amount of the qualified equity investment or impact qualified equity investment regarding which a qualified community development entity or impact qualified community development entity has certified investment authority. In accordance with the requirements of subsection 3 of NRS 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363, and as interpreted by the Department pursuant to this section:
Notes
NRS 231A.150, 231A.250, as amended by section 19 of Senate Bill No. 240, chapter 517, Statutes of Nevada 2023, at page 3363