279.393 - “Eligible railroad” defined.
279.393 “Eligible railroad” defined. “Eligible railroad” means a railroad in existence on or before July 1, 2005:
1. That is located in a county whose population is less than 100,000; and
2. Of which no less than one-half of the ownership interest in the railroad is held by a governmental entity or nonprofit organization, or both.
(Added to NRS by 2005, 2213)