Nevada § 349.795 - Guarantee: Not general obligation of State; limitation on termination, cancellation or revocation; presumption of validity
Full text of Nevada Nevada Revised Statutes § 349.795 — Guarantee: Not general obligation of State; limitation on termination, cancellation or revocation; presumption of validity, with citation guidance and answers to common questions.
§ 349.795. Guarantee: Not general obligation of State; limitation on termination, cancellation or revocation; presumption of validity
Any guarantee entered into by the Director does not constitute a general obligation
of the State of Nevada. A guarantee may not be terminated, cancelled or otherwise revoked except in accordance
with its terms. Any guarantee held by a participating financial institution is presumed to be valid.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.795
What does Nevada Revised Statutes § 349.795 cover?
Section 349.795 ("Guarantee: Not general obligation of State; limitation on termination, cancellation or revocation; presumption of validity") 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 § 349.795?
A common citation format is "Nevada Revised Statutes § 349.795" (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 § 349.795 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.