Nevada § 315.99854 - Notes, bonds and other obligations: Provision for or requirement of means of assuring repayment; payment of associated fees and costs
Full text of Nevada Nevada Revised Statutes § 315.99854 — Notes, bonds and other obligations: Provision for or requirement of means of assuring repayment; payment of associated fees and costs, with citation guidance and answers to common questions.
§ 315.99854. Notes, bonds and other obligations: Provision for or requirement of means of assuring repayment; payment of associated fees and costs
The Authority may: 1. Provide that any bonds or notes issued by the Authority be insured or be secured
by surety bonds, letters of credit not issued by the Authority, guaranties or other
means of assuring repayment of such bonds or notes. 2. Require that any loans, including a mortgage loan, made or purchased by the Authority
be insured or be secured by surety bonds, letters of credit not issued by the Authority,
guaranties or other means of assuring repayment of such loans. 3. Pay the fees, charges, premiums and any other costs associated with obtaining and
maintaining insurance, or other means of assuring repayment, from any available money
of the Authority, including premiums, fees and charges assessed against sponsors,
lending institutions or other participants or beneficiaries of the programs of the
Authority.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 315.99854
What does Nevada Revised Statutes § 315.99854 cover?
Section 315.99854 ("Notes, bonds and other obligations: Provision for or requirement of means of assuring repayment; payment of associated fees and costs") 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 § 315.99854?
A common citation format is "Nevada Revised Statutes § 315.99854" (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 § 315.99854 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.