Nevada § 315.550 - Powers of state public bodies respecting housing projects
Full text of Nevada Nevada Revised Statutes § 315.550 — Powers of state public bodies respecting housing projects, with citation guidance and answers to common questions.
§ 315.550. Powers of state public bodies respecting housing projects
1. For the purpose of aiding and cooperating in the planning, undertaking, construction
or operation of housing projects of housing authorities located within the area in
which it is authorized to act, any state public body may, upon such terms, with or
without consideration, as it may determine: (a) Dedicate, sell, convey or lease any of its interest in any property, or grant
easements, licenses, or any other rights or privileges therein to a housing authority. (b) Cause parks, playgrounds, recreational, community, educational, water, sewer,
or drainage facilities, or any other works which it is otherwise empowered to undertake,
to be furnished adjacent to or in connection with such projects. (c) Furnish, dedicate, close, pave, install, grade, regrade, plan or replan streets,
roads, roadways, alleys, sidewalks, or other places which it is otherwise empowered
to undertake. (d) Cause services to be furnished to the housing authority of the character which
such state public body is otherwise empowered to furnish. (e) Enter into agreements with respect to the exercise by such state public body of
its powers relating to the repair, improvement, condemnation, closing or demolition
of unsafe, insanitary or unfit buildings. (f) Employ (notwithstanding the provisions of any other law) any funds belonging to
or within the control of such state public body, including funds derived from the
sale or furnishing of property or facilities to a housing authority, in the purchase
of the bonds or other obligations of a housing authority; and, as the holder of such
bonds or other obligation, exercise the rights connected therewith. (g) Do any and all things, necessary or convenient, to aid and cooperate in the planning,
undertaking, construction or operation of such housing projects. (h) Incur the entire expense of any public improvements made by such state public
body in exercising the powers granted in NRS 315.140 to 315.7813 , inclusive. (i) Enter into agreements (which may extend over any period, notwithstanding any provision
or rule of law to the contrary) with a housing authority respecting action to be taken
by such state public body pursuant to any of the powers granted by NRS 315.140 to 315.7813 , inclusive. If at any time title to, or possession of, any project is held by any public body
or governmental agency authorized by law to engage in the development or administration
of low-rent housing or slum clearance projects, including any agency or instrumentality
of the United States of America, the provisions of such agreements shall inure to
the benefit of and may be enforced by such public body or governmental agency. 2. Any sale, conveyance, lease or agreement provided for in this section may be made
by a state public body without appraisal, public notice, advertisement or public bidding,
notwithstanding any other laws to the contrary.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 315.550
What does Nevada Revised Statutes § 315.550 cover?
Section 315.550 ("Powers of state public bodies respecting housing projects") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 315.550?
A common citation format is "Nevada Revised Statutes § 315.550" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 315.550 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.