Nevada § 349.308 - Pledged revenues received or credited subject to immediate lien; priority and validity of lien
Full text of Nevada Nevada Revised Statutes § 349.308 — Pledged revenues received or credited subject to immediate lien; priority and validity of lien, with citation guidance and answers to common questions.
§ 349.308. Pledged revenues received or credited subject to immediate lien; priority and validity of lien
1. Revenues pledged for the payment of any securities, as received by or otherwise
credited to the State, shall immediately be subject to the lien of each such pledge
without any physical delivery thereof, any filing or further act. 2. The lien of each such pledge and the obligation to perform the contractual provisions
made in the authorizing resolution or other instrument appertaining thereto shall
have priority over any or all other obligations and liabilities of the State, except
as may be otherwise provided herein or in the resolution or other instrument, and
subject to any prior pledges and liens theretofore created. 3. The lien of each such pledge shall be valid and binding as against all persons
having claims of any kind in tort, contract or otherwise against the State irrespective
of whether such persons have notice thereof.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.308
What does Nevada Revised Statutes § 349.308 cover?
Section 349.308 ("Pledged revenues received or credited subject to immediate lien; priority and validity of lien") 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 § 349.308?
A common citation format is "Nevada Revised Statutes § 349.308" (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 § 349.308 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.