Nevada Revised Statutes
Chapter 496 - Municipal Airports
NRS 496.240 - Joint fund.


1. For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of this chapter, a joint fund shall be created and maintained, into which shall be deposited the share of each of the constituent public agencies as provided by the joint agreement. Each of the constituent public agencies shall provide its share of the fund from sources available to each.
2. Any federal, state or other contributions or loans, and the revenues obtained from the joint ownership, control and operation of any airport or air navigation facility under the jurisdiction of the joint board shall be paid into the joint fund.
3. Disbursements from the fund shall be made by order of the board, subject to the limitations prescribed in NRS 496.230.
[23:215:1947; 1943 NCL ยง 293.42]

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 496 - Municipal Airports

NRS 496.010 - Short title.

NRS 496.020 - Definitions.

NRS 496.030 - Power of municipality to construct and operate airports; acquisition of property.

NRS 496.035 - Exemption from and compliance with chapter 625 of NRS.

NRS 496.040 - Power to acquire existing airports; limitation.

NRS 496.050 - Location of airport; construction of buildings, roadways and bridges authorized.

NRS 496.055 - Purchase of property not intended to be used for specific purpose related to operation of airport at time of purchase.

NRS 496.060 - Coordination of air navigation facilities established by municipality with state and federal facilities.

NRS 496.070 - Eminent domain: Procedure; damages and costs of removal or relocation.

NRS 496.080 - Sale, lease or other disposal of municipal airports and related facilities and property.

NRS 496.090 - Agreements for commercial or residential use of airport or facility; contracts for sale of securities.

NRS 496.100 - Agent may operate airport; limitations.

NRS 496.110 - Liens for repairs, improvements or storage; enforcement.

NRS 496.120 - Municipal authority may be vested in municipal officer, board or agency by resolution; powers and duties.

NRS 496.130 - Municipality may adopt reasonable ordinances and regulations for airport management and operation; enforcement of ordinances or regulations; airports outside municipal limits subject to state and federal law.

NRS 496.140 - Municipal power to tax and appropriate money for purposes of chapter.

NRS 496.150 - Issuance of general obligation and revenue bonds to pay costs of acquisition and development.

NRS 496.155 - Issuance of municipal securities pursuant to Local Government Securities Law; entry into contracts of purchase, medium-term obligations and installment-purchase agreements.

NRS 496.160 - Validation of prior municipal bonds and action.

NRS 496.170 - Airport fund.

NRS 496.180 - Municipality authorized to accept and expend federal and state money; terms and conditions of grants or loans.

NRS 496.200 - Municipal power to contract for purposes of chapter.

NRS 496.210 - Joint exercise of powers by public agencies and municipalities.

NRS 496.220 - Agreements of public agencies for joint action: Mandatory and permissive provisions.

NRS 496.230 - Joint board of public agencies: Members, number and term; powers; expenditures; eminent domain.

NRS 496.240 - Joint fund.

NRS 496.250 - Actions declared to be public and governmental functions; immunity.

NRS 496.260 - Property and income exempt from taxation.

NRS 496.270 - Incidental powers.

NRS 496.280 - Provisions of chapter do not limit municipal power to regulate airport hazards.

NRS 496.290 - Uniformity of interpretation and construction of chapter.