NRS 315.98425 Powers of business entity concerning housing projects; inapplicability of Open Meeting Law to meetings of business entity.
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NRS 315.98425 Powers of business entity concerning housing projects; inapplicability of Open Meeting Law to meetings of business entity.
1. A business entity may:
(a)Within the area of operation of the Authority:
(1)Prepare, carry out, operate and otherwise manage housing projects; and
(2)Provide for the construction, reconstruction, improvement, extension, alteration or repair of any such project or any part thereof.
(b)Enter into a public-private partnership to finance a housing project.
(c)Construct or operate a housing project for profit.
2. The meetings of a business entity are not subject to the provisions of chapter 241 of NRS.