Statutes, codes, and regulations
Nevada Revised Statutes
Title 34 - EDUCATIONChapter 396 - NEVADA SYSTEM OF HIGHER EDUCATION
UNIVERSITY SECURITIES LAW
Section 396.841 - Payment of securities not to be secured by encumbrance, mortgage or pledge of property; exception

Nev. Rev. Stat. § 396.841

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 396.841 - Payment of securities not to be secured by encumbrance, mortgage or pledge of property; exception

The payment of securities shall not be secured by an encumbrance, mortgage or other pledge of property of the University or the Board, except for the pledged revenues of the University or the Board. No property of either the University or the Board, subject to such exception, shall be liable to be forfeited or taken in payment of securities.

NRS 396.841

Added to NRS by 1967, 8
Added to NRS by 1967, 8