Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE34 EDUCATION |
CHAPTER396. Nevada System of Higher Education |
UNIVERSITY SECURITIES LAW |
NRS396.859. Special funds and accounts: Creation; purposes.
Latest version.
- The Board in any resolution authorizing the issuance of bonds or other securities hereunder or in any instrument or other proceedings appertaining thereto may create special funds and accounts for the payment of the cost of a project, of operation and maintenance expenses, of the securities, including the accumulation and maintenance of reserves therefor, of improvements, including the accumulation and maintenance of reserves therefor, and of other obligations appertaining to the securities, any project or otherwise in connection with the University.
(Added to NRS by 1967, 12)