Nev. Rev. Stat. § 396.842

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 396.842 - Recourse against individual Regents: Acceptance of securities constitutes waiver and release

No recourse shall be had for the payment of the principal of, any interest on, and any prior redemption premiums due in connection with any bonds or other securities of the University or the Board or for any claim based thereon or otherwise upon the resolution authorizing their issuance or other instrument appertaining thereto, against any individual Regent of the Board, past, present or future, either directly or indirectly through the Board or the University, or otherwise, whether by virtue of any Constitution, statute or rule of law, or by the enforcement of any penalty or otherwise, all such liability, if any, being by the acceptance of the securities and as a part of the consideration of their issuance specially waived and released.

NRS 396.842

Added to NRS by 1967, 8; A 1975, 872
Added to NRS by 1967, 8; A 1975, 872