Nevada § 244A.561 - No recourse based on securities against director, officer or agent of county or State

§ 244A.561. No recourse based on securities against director, officer or agent of county or State

No recourse may be had for the payment of the principal of, any interest on, or any

prior redemption premiums due in connection with any bonds or other county or state

securities or other obligations of the county evidenced by any other contract or for

any claim based thereon or otherwise upon the ordinance or resolution authorizing

the issuance of such securities or the incurrence of such other obligations or other

instrument pertaining thereto, against any individual director or any officer or other

agent of the county or the State, past, present or future, either directly or indirectly

through the board or the county or State or otherwise, whether by virtue of any constitution

or statute, or by the endorsement of any penalty or otherwise, all such liability,

if any, being by the acceptance of the securities and as a part of the consideration

of their issuance or by the making of any other contract specially waived and released.