Nevada § 226.802 Permissible forms of security for issuance of revenue bonds by Bank

Nevada Statutes

§ 226.802 — Permissible forms of security for issuance of revenue bonds by Bank

Nevada § 226.802

Title 18STATE EXECUTIVE DEPARTMENT

Ch. 226State

NEVADA STATE INFRASTRUCTURE BANK

This text of Nevada § 226.802 (Permissible forms of security for issuance of revenue bonds by Bank) 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.

Bluebook

Nev. Rev. Stat. § 226.802 (2026).

Text

The Bank may provide security for any issue of revenue bonds by the Bank through any commonly accepted financial instrument, including, without limitation:

1.A deed of trust on the resources, facilities and revenues of one or more qualified projects financed by the Bank;

2.A credit enhancement, including, without limitation, a letter of credit, bond insurance or surety bond provided by a private financial institution; and

3.Insurance, reinsurance or a guarantee provided by the Bank itself.

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The Bank may provide security for any issue of revenue bonds by the Bank through any commonly accepted financial instrument, including, without limitation:
1. A deed of trust on the resources, facilities and revenues of one or more qualified projects financed by the Bank;
2. A credit enhancement, including, without limitation, a letter of credit, bond insurance or surety bond provided by a private financial institution; and
3. Insurance, reinsurance or a guarantee provided by the Bank itself.