There is a newer version
of
this Statute
2019 Nevada Revised Statutes
Chapter 354 - Local Financial Administration
NRS 354.517 - “Enterprise fund” defined.
Universal Citation: NV Rev Stat § 354.517 (2019)
“Enterprise fund” means a fund established to account for operations:
1. Which are financed and conducted in a manner similar to the operations of private business enterprises, where the intent of the governing body is to have the expenses (including depreciation) of providing goods or services on a continuing basis to the general public, financed or recovered primarily through charges to the users; or
2. For which the governing body has decided that a periodic determination of revenues earned, expenses incurred and net income is consistent with public policy and is appropriate for capital maintenance, management control, accountability or other purposes.
(Added to NRS by 1971, 200; A 1981, 1761)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
