Nev. Admin. Code § 319.834 - Yield on loans
1. Loans to conserve energy sold to the Division must bear interest at rates and be sold to the Division at prices which, in the aggregate, produce a yield to the Division which is sufficient to:
(a) Pay interest on the principal of the related issue of the Division 's bonds or other obligations;
(b) Provide adequate reserves for the holders of the Division 's bonds or other obligations whenever the reserves are necessary;
(c) Cover the costs of the Division for operating the program; and
(d) Meet or exceed the minimum yield required by the general certificate or trust indenture governing the series of bonds.
Notes
NRS 319.140, 319.235
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