Statutes, codes, and regulations
Nevada Revised Statutes
Title 30 - PUBLIC BORROWING AND OBLIGATIONSChapter 349 - STATE OBLIGATIONS
STATE SECURITIES LAW
Section 349.250 - Payment of state securities not to be secured by encumbrance, mortgage or pledge of State's property; exception

Nev. Rev. Stat. § 349.250

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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 349.250 - Payment of state securities not to be secured by encumbrance, mortgage or pledge of State's property; exception

The payment of state securities shall not be secured by an encumbrance, mortgage or other pledge of property of the State, except for its pledged revenues, proceeds of taxes and any other moneys pledged for the payment of the securities. No property of the State, subject to such exception, shall be liable to be forfeited or taken in payment of the securities.

NRS 349.250

Added to NRS by 1967, 779
Added to NRS by 1967, 779