Nevada § 354.517 - “Enterprise fund” defined
Full text of Nevada Nevada Revised Statutes § 354.517 — “Enterprise fund” defined, with citation guidance and answers to common questions.
§ 354.517. “Enterprise fund” defined
“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.
Frequently Asked Questions About Nevada § 354.517
What does Nevada Revised Statutes § 354.517 cover?
Section 354.517 ("“Enterprise fund” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 354.517?
A common citation format is "Nevada Revised Statutes § 354.517" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 354.517 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.