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

NRS 627.070: “Crossing categories of disbursement” defined.

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 627 - CONSTRUCTION CONTROLS
  3. GENERAL PROVISIONS

“Crossing categories of disbursement” means the exhausting by disbursement of funds held within a category of disbursement and thereafter the disbursement of funds out of another category to pay for bills applicable to the exhausted category. A construction control does not cross categories of construction if it removes from one category of disbursement funds found to be in excess of the costs of construction to be performed under that category after giving at least 10 days’ written notice in person or by mail to each person entitled to be paid from that category. Notice by mail is deemed to be given when deposited in the mail, postage prepaid, directed to the most recent address of the recipient known to the construction control.

Collected 2026-09-03T05:51:44Z. Source file · JSON

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