NRS 414.480 Regulations. The Office shall adopt regulations to carry out the provisions of NRS 414.400 to 414.480, inclusive. The regulations must include, without limitation: 1. The procedures by which an eligible recipient may apply for a loan from the Account; and 2. The criteria for an eligible recipient to receive a loan from the Account, including, without limitation, a requirement for the eligible recipient to demonstrate: (a) The need for the loan; (b) The ability of the eligible recipient to repay the loan over a fixed term; and (c) That the eligible recipient has the technical, managerial and financial ability to comply with any applicable requirement of the STORM Act. (Added to NRS by 2025, 1770) EMERGENCY ASSISTANCE ACCOUNT