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Current as of January 01, 2025 | Updated by Findlaw Staff
The Bank may provide security for any issue of revenue bonds by the Bank through any commonly accepted financial instrument, including, without limitation:
1. A deed of trust on the resources, facilities and revenues of one or more qualified projects financed by the Bank;
2. A credit enhancement, including, without limitation, a letter of credit, bond insurance or surety bond provided by a private financial institution; and
3. Insurance, reinsurance or a guarantee provided by the Bank itself.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 18. State Executive Department § 226.802. Permissible forms of security for issuance of revenue bonds by Bank - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-18-state-executive-department/nv-rev-st-226-802/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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