Nevada § 279.619 - Limitation on issuing securities or incurring indebtedness
Full text of Nevada Nevada Revised Statutes § 279.619 — Limitation on issuing securities or incurring indebtedness, with citation guidance and answers to common questions.
§ 279.619. Limitation on issuing securities or incurring indebtedness
1. Securities must not be issued and no indebtedness may be incurred in any other
manner, by or on behalf of an agency to finance, in whole or in part, a redevelopment
plan beyond 20 years after the date on which the redevelopment plan is adopted, except
that an agency may enter into leases or incur indebtedness at any time before the
termination of the redevelopment plan if the leases are terminated and the indebtedness
is fully repaid no later than the termination of the redevelopment plan. The maturity date of any securities which are refunded must not extend beyond the
date of termination of the redevelopment plan. 2. Any securities issued by or on behalf of an agency to finance, in whole or in part,
redevelopment pursuant to NRS 279.620 to 279.626 , inclusive, and 279.634 to 279.672 , inclusive, must mature and be fully paid, including any interest thereon, before
the termination of the redevelopment plan.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 279.619
What does Nevada Revised Statutes § 279.619 cover?
Section 279.619 ("Limitation on issuing securities or incurring indebtedness") 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 § 279.619?
A common citation format is "Nevada Revised Statutes § 279.619" (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 § 279.619 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.