STATE STATUTES & CODES

NEVADA STATUTES AND CODES

UNIVERSITY SECURITIES LAW

• 396.809 - Short title.
• 396.810 - Purpose; supplemental nature.
• 396.811 - Definitions.
• 396.812 - “Acquisition” and “acquire” defined.
• 396.813 - “Board” defined.
• 396.814 - “Chair” and “Chair of the Board” defined.
• 396.8145 - “Chancellor of the University” defined.
• 396.815 - “Commercial bank” defined.
• 396.816 - “Cost of any project” defined.
• 396.8163 - “Disposal” and “dispose” defined.
• 396.8167 - “Equip” and “equipment” defined.
• 396.817 - “Facilities” defined.
• 396.818 - “Federal Government” defined.
• 396.819 - “Federal securities” defined.
• 396.820 - “Gross revenues” and “gross pledged revenues” defined.
• 396.821 - “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
• 396.822 - “Holder” defined.
• 396.823 - “Improvement” and “improve” defined.
• 396.824 - “Net revenues” and “net pledged revenues” defined.
• 396.825 - “Operation and maintenance expenses” defined.
• 396.826 - “Operation and maintenance expenses”: Exclusions from definition.
• 396.828 - “Pledged revenues” defined.
• 396.829 - “Pledged revenues”: Exclusions from definition.
• 396.831 - “Project” defined.
• 396.832 - “Secretary of the Board” defined.
• 396.833 - “Securities” defined.
• 396.834 - “State” defined.
• 396.835 - “Treasurer of the University” defined.
• 396.836 - “Trust bank” defined.
• 396.837 - “United States” defined.
• 396.838 - “University” defined.
• 396.839 - Bonds and other securities are special obligations payable solely out of net pledged revenues.
• 396.8395 - Revenues which may be included as pledged revenues.
• 396.840 - Proposed securities: Sufficiency of revenues; earnings test; estimates and adjustments.
• 396.841 - Payment of securities not to be secured by encumbrance, mortgage or pledge of property; exception.
• 396.842 - Recourse against individual Regents: Acceptance of securities constitutes waiver and release.
• 396.843 - Bonds and other securities not obligations of or enforceable against State; restrictions on pledges, assignments and encumbrances.
• 396.844 - Faith of State pledged against repeal, amendment or modification of University Securities Law.
• 396.845 - Power of University or Regents to become obligated and issue securities for project; other powers.
• 396.8455 - Board of Regents authorized to delegate its authority to sign contract for purchase of securities or to accept bid for securities; certain terms of securities must be approved by Board of R
• 396.846 - Types of securities which may be issued; series.
• 396.847 - Notes and warrants: Maturity; extension or funding.
• 396.848 - Temporary bonds: Conditions, terms and provisions; holder’s rights and remedies.
• 396.849 - Resolution authorizing issuance of securities: Description of purposes.
• 396.8495 - Resolution authorizing issuance of securities may fix rate of interest; Board of Regents authorized to enter into agreement for assurance of payment in connection with securities; exemption
• 396.850 - Details of securities provided by resolution.
• 396.851 - Recital in securities conclusive evidence of validity and regularity of issuance.
• 396.852 - Denomination, negotiability and maturity of securities; interest and interest coupons.
• 396.853 - Execution, signing, countersigning and authentication of securities and coupons; facsimile signature.
• 396.854 - Redemption before maturity.
• 396.855 - Repurchase of bonds and other securities.
• 396.856 - Use of money received from issuance of securities.
• 396.857 - Disposition of unexpended balance after completion of project.
• 396.858 - Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds.
• 396.859 - Special funds and accounts: Creation; purposes.
• 396.860 - Employment of legal and other expert services; contracts for sale and other purposes.
• 396.861 - Investment and reinvestment of revenues and proceeds of securities in federal securities.
• 396.8615 - Investment and reinvestment of pledged revenues and proceeds of securities issued in investment contract collateralized with securities issued by Federal Government.
• 396.862 - Covenants and other provisions in bonds and other securities.
• 396.8625 - Agreements in connection with securities: Exchange of interest rates; payment of interest at fixed rate or variable rate; terms; exemption from limitation on rates of interest; payments fro
• 396.863 - Pledged revenues received or credited subject to immediate lien; priority and validity of lien.
• 396.864 - Rights and powers of holders of securities and trustees.
• 396.865 - Receivers: Appointment; powers and duties.
• 396.866 - Rights and remedies cumulative.
• 396.867 - Failure of holder to proceed does not relieve University and its officers, agents and employees of liability for nonperformance of duties.
• 396.868 - Interim debentures: Maturity; use of proceeds; issuance.
• 396.869 - Interim debentures: Security for payment.
• 396.870 - Interim debentures: Extension and funding.
• 396.871 - Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.
• 396.872 - Refunding of securities payable from pledged revenues: Resolution; trust indenture; limitations on call for prior redemption; exchange of outstanding securities held by State or its agencies
• 396.873 - Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale.
• 396.874 - Conditions for refunding bonds.
• 396.875 - Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts.
• 396.876 - Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
• 396.877 - Refunding bonds payable from pledged revenues.
• 396.878 - Issuance of bonds separately or in combination.
• 396.879 - Other statutory provisions applicable to refunding bonds.
• 396.880 - Conclusive determination of Board of Regents that statutory limitations have been met.
• 396.881 - Bonds and other securities exempt from taxation; exception.
• 396.882 - Bonds and other securities legal investments for state money.
• 396.883 - Legal investments for other persons.
• 396.884 - Sufficiency of NRS 396.809

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