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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 496.240: Joint fund.

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Where this section sits in the code
  1. TITLE 44 — AERONAUTICS
  2. CHAPTER 496 - MUNICIPAL AIRPORTS
  3. MISCELLANEOUS PROVISIONS

1. For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of this chapter, a joint fund shall be created and maintained, into which shall be deposited the share of each of the constituent public agencies as provided by the joint agreement. Each of the constituent public agencies shall provide its share of the fund from sources available to each.

2. Any federal, state or other contributions or loans, and the revenues obtained from the joint ownership, control and operation of any airport or air navigation facility under the jurisdiction of the joint board shall be paid into the joint fund.

3. Disbursements from the fund shall be made by order of the board, subject to the limitations prescribed in NRS 496.230.

Collected 2026-09-03T05:51:42Z. Source file · JSON

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