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NRS 496.180

Municipality authorized to accept and expend federal and state money; terms and conditions of grants or loans

Known as the Municipal Airports Act

The act spans §§ 496–496 (31 sections).

Applied in 1 court decision — leading case City of Reno v. Silver State Flying Service, Inc. (1968)

Most recently applied in City of Reno v. Silver State Flying Service, Inc. (March 1968)

[17:215:1947; 1943 NCL § 293.36]

1. Every municipality is authorized to accept, receive, receipt for, disburse and expend federal and state moneys and other moneys, public or private, made available by grant or loan, or both, to accomplish, in whole or in part, any of the purposes of this chapter.

2. All federal moneys accepted under this section shall be accepted and expended by the municipality upon such terms and conditions as are prescribed by the United States and as are consistent with state law. All state moneys accepted under this section shall be accepted and expended by the municipality upon such terms and conditions as are prescribed by the State.

3. Unless otherwise prescribed by the agency from which such moneys were received, the chief financial officer of the municipality shall, on its behalf, deposit all moneys received pursuant to this section, and shall keep them in separate funds designated according to the purposes for which the moneys were made available, in trust for such purposes.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.