274.150 - Qualifications for zone.

274.150  Qualifications for zone.  An area is qualified to become a specially benefited zone which:

      1.  Is a contiguous area, but the area of a zone may exclude wholly surrounded territory within its boundaries;

      2.  Is a depressed area;

      3.  Satisfies any additional criteria established by regulation of the Administrator consistent with the purposes of this chapter; and

      4.  Is entirely within a city or entirely within the unincorporated areas of a county, except where reasonable need is established for the zone to cover portions of more than one city or county.

      (Added to NRS by 1983, 1971)