1. Except as otherwise provided in subsection 2, all contracts entered into by the Commission pertaining to the sale or purchase of water or electrical power, belonging or allotted to or contracted by the State of Nevada are not binding upon the State of Nevada until approved by the Governor.
2. Any contract or agreement by the Commission for the transmission of electrical power or to sell:
(a) Supplemental power to a holder of a long-term firm contract with the State for power if the supplemental power is procured by the Commission from a prearranged source and is secured by the holder for his or her own use; or
(b) Short-term or interruptible power on short notice for immediate acceptance to a holder of a long-term firm contract with the State for power who can take delivery of the short-term or interruptible power when it is available,
does not require the approval of the Governor to be binding upon the State.
[Part 1:71:1935; 1931 NCL § 1443.01] + [14:71:1935; 1931 NCL § 1443.14]—(NRS A 1963, 745; 1965, 407; 1973, 1610; 1981, 915, 1442; 1987, 2313; 1989, 926; 1995, 975)
Structure Nevada Revised Statutes
Chapter 538 - Interstate Waters, Compacts and Commissions
NRS 538.030 - Disposition of receipts paid Nevada under Boulder Canyon Project Adjustment Act.
NRS 538.051 - Creation; number and appointment of members.
NRS 538.061 - Qualifications of commissioners.
NRS 538.081 - Removal of commissioner.
NRS 538.101 - Compensation of commissioners and employees; industrial insurance.
NRS 538.111 - Selection of Vice Chair; Executive Director to provide secretarial service.
NRS 538.121 - Principal place of business.
NRS 538.131 - Meetings; notice; quorum.
NRS 538.133 - Executive Director: Appointment; classification; restrictions on other employment.
NRS 538.135 - Executive Director: Duties.
NRS 538.141 - Assistants and employees: Employment by Executive Director; duties.
NRS 538.151 - Legal services to Commission: Duties of Attorney General and deputy attorney generals.
NRS 538.161 - General duties; contracts for supply of electric energy.
NRS 538.191 - Colorado River Commission Fund; Colorado River Research and Development Account.
NRS 538.211 - Faith and credit of State pledged.
NRS 538.221 - Hearings; witnesses; testimony.
NRS 538.231 - Application and disbursement of revenues.
NRS 538.241 - Duties of State Controller and State Treasurer.
NRS 538.251 - Approval of contracts by Governor.
NRS 538.600 - California-Nevada Interstate Compact: Ratification and approval; text.
NRS 538.610 - Governor to give notice of state’s ratification.
NRS 538.620 - Compensation of commissioners and State Engineer; claims for payment of expenses.