Undertaking by holder of franchise guaranteeing commencement of construction within 6 months from date of granting of franchise.

Nev. Rev. Stat. § 709.220
in effect
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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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-709.htmlFetched: 10/4/2026

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