Nev. Admin. Code § 348A.230 - Transfer of volume cap or state ceiling by Director
1. An agency of this State or the agency of any other state which has the authority to issue private activity bonds may apply to the Director for a transfer of a portion of the Director's volume cap or any share of the state ceiling controlled by the Director. The application must contain such information as the Director may require.
2. An application filed pursuant to subsection 1 must be for a specific project.
3. The Director, upon the advice of the Special Committee, may transfer to an applicant a portion of the state ceiling controlled by the Director upon such terms and conditions as the Director may determine.
Notes
NRS 348A.040
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