Skip to main content
Find a Lawyer

Nevada Revised Statutes Title 25. Public Organizations for Community Service § 319.167. Division may enter into instruments, agreements and other transactions for certain purposes

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Upon the approval of the State Board of Finance, the Division may enter into instruments, agreements and other such transactions for one or more of the following purposes:

(a) Reducing or modifying the amount or duration of any payment, interest rate, spread or similar risk;

(b) Lowering the cost of borrowing when used in combination with the issuance or carrying of bonds or investments; or

(c) Enhancing the relationship between risk and return with respect to the programs of the Division for lending or investment or any portion thereof.

2. In entering into such instruments, agreements or other such transactions, the Division shall consider the creditworthiness of the counterparties and other relevant criteria relating to the objectives of the programs of the Division.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Nevada Revised Statutes Title 25. Public Organizations for Community Service § 319.167. Division may enter into instruments, agreements and other transactions for certain purposes - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-25-public-organizations-for-community-service/nv-rev-st-319-167/

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.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard