Dispose of a generation asset defined.
Nev. Rev. Stat. § 704.7568
in effectDispose of a generation asset means to:
1. Sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person; or
2. Perform any promise, covenant or obligation to sell, lease, assign, transfer or divest an interest in a generation asset, in whole or in part, to another person pursuant to the terms of a contract or agreement executed before, on or after April 18, 2001, unless, before April 18, 2001:
(a) All terms and conditions of the contract or agreement were satisfied; and
(b) All parties to the contract or agreement fully performed all promises, covenants and obligations under the contract or agreement.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-704.htmlFetched: 10/4/2026