“Net revenues” or “net pledged revenues” means “gross revenues,” after the deduction of operation and maintenance expenses.
NRS 396.824
“Net revenues” and “net pledged revenues” defined
Known as the University Securities Law
The act spans §§ 396–396 (367 sections).
(Added to NRS by 1967, 5)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.