Nevada § 704.7339 Reclassification of asset as surplus

Nevada Statutes

§ 704.7339 — Reclassification of asset as surplus

Nevada § 704.7339

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 704Regulation

Surplus Assets

This text of Nevada § 704.7339 (Reclassification of asset as surplus) 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. § 704.7339 (2026).

Text

For each asset classified by an electric utility as pre-operational reserve or post-operational reserve pursuant to:

1.Subsection 1 of NRS 704.7338 , the Commission may, after notice and a hearing pursuant to NRS 704.746 , reclassify the asset as surplus if the Commission determines that the asset is no longer used or useful to the customers of the electric utility.

2.Subsection 2 or 3 of NRS 704.7338 , the Commission may, after notice and a hearing pursuant to NRS 703.320 , reclassify the asset as surplus if the Commission determines that the asset is no longer utilized to produce or transmit electricity and that it is not reasonable to expect that the asset will be used to produce or transmit electricity in the future.

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For each asset classified by an electric utility as pre-operational reserve or post-operational reserve pursuant to:
1. Subsection 1 of NRS 704.7338 , the Commission may, after notice and a hearing pursuant to NRS 704.746 , reclassify the asset as surplus if the Commission determines that the asset is no longer used or useful to the customers of the electric utility.
2. Subsection 2 or 3 of NRS 704.7338 , the Commission may, after notice and a hearing pursuant to NRS 703.320 , reclassify the asset as surplus if the Commission determines that the asset is no longer utilized to produce or transmit electricity and that it is not reasonable to expect that the asset will be used to produce or transmit electricity in the future.