333A.092 - Recital in resolution as conclusive evidence of validity of obligation. - Nevada Statutes

333A.092  Recital in resolution as conclusive evidence of validity of obligation.  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)