Nevada § 277.075 - Prerequisites to borrowing from issuer or becoming obligated for facility
Full text of Nevada Nevada Revised Statutes § 277.075 — Prerequisites to borrowing from issuer or becoming obligated for facility, with citation guidance and answers to common questions.
§ 277.075. Prerequisites to borrowing from issuer or becoming obligated for facility
A borrowing local government may not borrow money from an issuer or become obligated
on a lease or agreement for an installment purchase for a facility financed by revenue
securities unless the borrowing local government: 1. Has the authority to borrow money or enter into a lease or agreement for an installment
purchase for the facility being financed with the revenue securities; and 2. Has followed the procedure required by law to borrow money or enter into a lease
or an agreement for an installment purchase.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 277.075
What does Nevada Revised Statutes § 277.075 cover?
Section 277.075 ("Prerequisites to borrowing from issuer or becoming obligated for facility") 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 § 277.075?
A common citation format is "Nevada Revised Statutes § 277.075" (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 § 277.075 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.