Nevada Revised Statutes 704.893 – Limitations on purchase of capacity of utility facility by certain public utilities
Current as of: 2022 | Check for updates
|
Other versions
No public utility which has a parent or an affiliated corporation or a subsidiary of that parent or affiliated corporation with an interest in the ownership of a utility facility, may purchase or contract for the capacity of that facility unless the purchase or the contract has been reviewed and approved by the Commission in a manner consistent with the provisions of NRS 704.736 to 704.754, inclusive.
Terms Used In Nevada Revised Statutes 704.893
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.