Nevada § 350.708 Conclusive determination of governing body that statutory limitations have been met

Nevada Statutes

§ 350.708 — Conclusive determination of governing body that statutory limitations have been met

Nevada § 350.708

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 350Municipal

LOCAL GOVERNMENT SECURITIES LAW

This text of Nevada § 350.708 (Conclusive determination of governing body that statutory limitations have been met) 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. § 350.708 (2026).

Text

The determination of the governing body that the limitations in the Local Government Securities Law imposed upon the issuance of bonds or upon the issuance of other securities hereunder, including without limitation any securities for funding or refunding securities, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing ordinance or the securities thereby authorized contain a recital as authorized by NRS 350.628.

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The determination of the governing body that the limitations in the Local Government Securities Law imposed upon the issuance of bonds or upon the issuance of other securities hereunder, including without limitation any securities for funding or refunding securities, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing ordinance or the securities thereby authorized contain a recital as authorized by NRS 350.628.