NRS 704.7568
“Dispose of a generation asset” defined.


“Dispose of a generation asset” means to:

1.

Sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person; or

2.

Perform any promise, covenant or obligation to sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person pursuant to the terms of a contract or agreement executed before, on or after April 18, 2001, unless, before April 18, 2001:

(a)

All terms and conditions of the contract or agreement were satisfied; and

(b)

All parties to the contract or agreement fully performed all promises, covenants and obligations under the contract or agreement.

Source: Section 704.7568 — “Dispose of a generation asset” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-704.­html#NRS704Sec7568.

Last Updated

Jun. 24, 2021

§ 704.7568’s source at nv​.us