Nevada Const. art. 17, § 7

Nevada Constitution

Article 17, § 7 — Assumption of territorial debts and liabilities

This text of Nevada Const. art. 17, § 7 (Assumption of territorial debts and liabilities) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Section§ 7

CitationNevada Const. art. 17, § 7

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Nev. Const. art. 17, § 7.

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All debts and liabilities of the Territory of Nevada, lawfully incurred and which remain unpaid, at the time of the admission of this State into the Union shall be assumed by and become the debt of the State of Nevada; Provided that the assumption of such indebtedness shall not prevent the State from contracting the additional indebtedness as provided in Section Three of Article Nine of this Constitution.

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All debts and liabilities of the Territory of Nevada, lawfully incurred and which remain unpaid, at the time of the admission of this State into the Union shall be assumed by and become the debt of the State of Nevada; Provided that the assumption of such indebtedness shall not prevent the State from contracting the additional indebtedness as provided in Section Three of Article Nine of this Constitution.

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Nevada Const. art. 17, § 7, Counsel Stack Legal Research, https://law.counselstack.com/constitution/nv/17/7.