As used in this chapter:
1. “Council” means the Private Activity Bond Council created by NRS 348A.050.
2. “Director” means the Director of the Department of Business and Industry.
3. “Private activity bond” has the meaning ascribed to it in 26 U.S.C. § 141.
4. “State ceiling” has the meaning ascribed to it in 26 U.S.C. § 146(d).
5. “Volume cap” has the meaning ascribed to it in 26 U.S.C. § 146(b) and (c).