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)