Interfund loans or loans to other local governments: Public hearing required.
Nev. Rev. Stat. § 354.6118
in effectBefore making an interfund loan or loaning money to another local government, the governing body of the local government that wishes to make the loan must:
1. Determine at a public hearing that:
(a) A sufficient amount of money is available for the loan and that money is not restricted as to its use; and
(b) The loan of the money will not compromise the economic viability of the fund from which the money is loaned; and
2. Establish at the public hearing conducted pursuant to subsection 1:
(a) The amount of time the money will be on loan from the fund;
(b) The terms and conditions for repaying the loan; and
(c) The rate of interest, if any, to be charged for the loan.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-354.htmlFetched: 10/4/2026