Nevada § 315.720 Use, maintenance and insurance of property

Nevada Statutes

§ 315.720 — Use, maintenance and insurance of property

Nevada § 315.720

Title 25PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE

Ch. 315Housing

General Provisions

This text of Nevada § 315.720 (Use, maintenance and insurance of property) 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. § 315.720 (2026).

Text

An authority may:

1.Covenant as to the use, maintenance and replacement of any or all of its real or personal property, the insurance to be carried thereon, and the use and disposition of insurance moneys.

2.Covenant as to the rights, liabilities, powers and duties arising upon the breach by it of any covenant, condition or obligation.

3.Covenant and prescribe as to events of default and terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity, and as to the terms and conditions upon which such declaration and its consequences may be waived.

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An authority may:
1. Covenant as to the use, maintenance and replacement of any or all of its real or personal property, the insurance to be carried thereon, and the use and disposition of insurance moneys.
2. Covenant as to the rights, liabilities, powers and duties arising upon the breach by it of any covenant, condition or obligation.
3. Covenant and prescribe as to events of default and terms and conditions upon which any or all of its bonds or obligations shall become or may be declared due before maturity, and as to the terms and conditions upon which such declaration and its consequences may be waived.