“Financial capability” defined.

NRS 445A.817 “Financial capability” defined. “Financial capability” means the ability of a public water system to: 1. Pay the costs related to maintenance, operations, depreciation and capital expenses; 2. Maintain creditworthiness; and 3. Establish and maintain adequate fiscal controls and accounting methods required for the operation of the system. (Added to NRS by 1999, 1865)