Revenues received from the sale of power or water or otherwise must be applied and disbursed by the Commission in the following order: 1. To the payment to the Federal Government of the cost of electrical energy and the generation and delivery thereof in accordance with bills rendered by the United States. 2. To the payment to other entities of the cost of water and the cost of electrical energy and the generation thereof or the cost of water or the cost of electrical energy and the generation thereof in accordance with bills rendered by those entities. 3. To the payment of compensation and expenses of the Commission and all other obligations incurred through performance by the Commission of the duties designated in NRS 538.041 to 538.251, inclusive. 4. To the repayment to the State of Nevada of any money advanced or appropriated to the Commission if the advancement or appropriation requires repayment to the State, the repayment to be placed in the State General Fund. [11:71:1935; A 1943, 209; 1947, 738; 1943 NCL § 1443.11]—(NRS A 1963, 744; 1965, 407; 1973, 1610; 1975, 45; 1981, 1442; 1983, 1520; 1995, 975)
Nevada Legal Code