Nevada § 319.167 Division may enter into instruments, agreements and other transactions for certain purposes

Nevada Statutes

§ 319.167 — Division may enter into instruments, agreements and other transactions for certain purposes

Nevada § 319.167

Title 25PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE

Ch. 319Assistance

GENERAL PROVISIONS

This text of Nevada § 319.167 (Division may enter into instruments, agreements and other transactions for certain purposes) 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. § 319.167 (2026).

Text

1. Upon the approval of the State Board of Finance, the Division may enter into instruments, agreements and other such transactions for one or more of the following purposes:

(a)Reducing or modifying the amount or duration of any payment, interest rate, spread or similar risk;

(b)Lowering the cost of borrowing when used in combination with the issuance or carrying of bonds or investments; or

(c)Enhancing the relationship between risk and return with respect to the programs of the Division for lending or investment or any portion thereof. 2. In entering into such instruments, agreements or other such transactions, the Division shall consider the creditworthiness of the counterparties and other relevant criteria relating to the objectives of the programs of the Division.

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1. Upon the approval of the State Board of Finance, the Division may enter into instruments, agreements and other such transactions for one or more of the following purposes:
(a) Reducing or modifying the amount or duration of any payment, interest rate, spread or similar risk;
(b) Lowering the cost of borrowing when used in combination with the issuance or carrying of bonds or investments; or
(c) Enhancing the relationship between risk and return with respect to the programs of the Division for lending or investment or any portion thereof.
2. In entering into such instruments, agreements or other such transactions, the Division shall consider the creditworthiness of the counterparties and other relevant criteria relating to the objectives of the programs of the Division.