NRS 315.98425: Powers of business entity concerning housing projects; inapplicability of Open Meeting Law to meetings of business entity.

1. A business entity may:

(a) Within the area of operation of the Authority:

(1) Prepare, carry out, operate and otherwise manage housing projects; and

(2) Provide for the construction, reconstruction, improvement, extension, alteration or repair of any such project or any part thereof.

(b) Enter into a public-private partnership to finance a housing project.

(c) Construct or operate a housing project for profit.

2. The meetings of a business entity are not subject to the provisions of chapter 241 of NRS.