Nevada Revised Statutes 709.220 – Undertaking by holder of franchise guaranteeing commencement of construction within 6 months from date of granting of franchise
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The board of county commissioners shall, at the time of granting any franchise provided in NRS 709.210, require the applicant to enter an undertaking to the county, in a sum to be determined by the board of county commissioners, with a surety or sureties approved by the board, conditioned that such applicant shall commence active construction of the electric light, heat or power lines for which such franchise is granted within 6 months from the date of granting the same and prosecute the construction thereof to completion with due diligence; and failing to comply with the conditions of such undertaking the applicant shall forfeit all rights to the franchise.
Terms Used In Nevada Revised Statutes 709.220
- county: includes Carson City. See Nevada Revised Statutes 0.033
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.