Nevada § 388A.695 General power of Director of Department of Business and Industry to issue bonds

Nevada Statutes

§ 388A.695 — General power of Director of Department of Business and Industry to issue bonds

Nevada § 388A.695

Title 34EDUCATION

Ch. 388ACharter

Bonds

This text of Nevada § 388A.695 (General power of Director of Department of Business and Industry to issue bonds) 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. § 388A.695 (2026).

Text

When the Director of the Department of Business and Industry has received requests from one or more charter schools, lessees, purchasers or other obligors, the Director of the Department of Business and Industry may issue revenue bonds to obtain money to fulfill the requests. Title to or in a project may at all times remain in the obligor or the obligor’s designee or assignee and, in that case, the bonds must be secured by a pledge of one or more notes, debentures, bonds or other secured or unsecured debt obligations of the obligor.

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When the Director of the Department of Business and Industry has received requests from one or more charter schools, lessees, purchasers or other obligors, the Director of the Department of Business and Industry may issue revenue bonds to obtain money to fulfill the requests. Title to or in a project may at all times remain in the obligor or the obligor’s designee or assignee and, in that case, the bonds must be secured by a pledge of one or more notes, debentures, bonds or other secured or unsecured debt obligations of the obligor.