NRS333A.092. Recital in resolution as conclusive evidence of validity of obligation.

Latest version.

A resolution providing for the issuance of a performance contract, including, without limitation, an installment-purchase contract or lease-purchase contract or other proceedings appertaining thereto, may provide that the obligations contain a recital that the obligations are issued pursuant to this chapter, which recital is conclusive evidence of the validity of the obligations.

(Added to NRS by 2005, 2901)

                    
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