Nevada § 496.240 Joint fund

Nevada Statutes

§ 496.240 — Joint fund

Nevada § 496.240

Title 44AERONAUTICS

Ch. 496Municipal

JOINT EXERCISE OF AUTHORITY

This text of Nevada § 496.240 (Joint fund) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 496.240 (2026).

Text

1.For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of this chapter, a joint fund shall be created and maintained, into which shall be deposited the share of each of the constituent public agencies as provided by the joint agreement. Each of the constituent public agencies shall provide its share of the fund from sources available to each.

2.Any federal, state or other contributions or loans, and the revenues obtained from the joint ownership, control and operation of any airport or air navigation facility under the jurisdiction of the joint board shall be paid into the joint fund.

3.Disbursements from the fund shall be made by order of the board, subject to the limitations prescribed in NRS 496.230 .

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1. For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of this chapter, a joint fund shall be created and maintained, into which shall be deposited the share of each of the constituent public agencies as provided by the joint agreement. Each of the constituent public agencies shall provide its share of the fund from sources available to each.
2. Any federal, state or other contributions or loans, and the revenues obtained from the joint ownership, control and operation of any airport or air navigation facility under the jurisdiction of the joint board shall be paid into the joint fund.
3. Disbursements from the fund shall be made by order of the board, subject to the limitations prescribed in NRS 496.230 .