“Eligible railroad” defined
Known as the Community Redevelopment Law
The act spans §§ 279–279 (157 sections).
(Added to NRS by 2005, 2213)
“Eligible railroad” means a railroad in existence on or before July 1, 2005:
1. That is located in a county whose population is less than 100,000; and
2. Of which no less than one-half of the ownership interest in the railroad is held by a governmental entity or nonprofit organization, or both.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.