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Current as of January 01, 2025 | Updated by Findlaw Staff
1. An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust.
2. The Board may not impose any obligations on the State or pledge the credit of the State.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 31. Public Financial Administration § 353D.260. Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-31-public-financial-administration/nv-rev-st-353d-260/
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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