Nevada § 353D.260 Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited. [Effective July 1, 2025.]

Nevada Statutes

§ 353D.260 — Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited. [Effective July 1, 2025.]

Nevada § 353D.260

Title 31PUBLIC FINANCIAL ADMINISTRATION

Ch. 353DNevada

ADMINISTRATION

This text of Nevada § 353D.260 (Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited. [Effective July 1, 2025.]) 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. § 353D.260 (2026).

Text

1.An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust.

2.The Board may not impose any obligations on the State or pledge the credit of the State.

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