Nevada § 279.636 - Types of bonds which agency may issue; additional security for bonds
Full text of Nevada Nevada Revised Statutes § 279.636 — Types of bonds which agency may issue; additional security for bonds, with citation guidance and answers to common questions.
§ 279.636. Types of bonds which agency may issue; additional security for bonds
1. An agency may issue such types of bonds as it may determine, including bonds on
which the principal and interest are payable: (a) Exclusively from the income and revenues of the redevelopment projects financed
with the proceeds of the bonds, or with those proceeds together with financial assistance
from the State or Federal Government in aid of the projects. (b) Exclusively from the income and revenues of certain designated redevelopment projects
whether or not they were financed in whole or in part with the proceeds of the bonds. (c) In whole or in part from taxes allocated to, and paid into a special fund of,
the agency pursuant to the provisions of NRS 279.674 to 279.687 , inclusive. (d) From its revenues generally. (e) From any contributions or other financial assistance from the State or Federal
Government. (f) From the proceeds of the surcharge imposed pursuant to NRS 244A.830 . (g) By any combination of these methods. 2. Any of the bonds may be additionally secured by a pledge of any revenue or by an
encumbrance by mortgage, deed of trust or otherwise of any redevelopment project or
other property of the agency or by a pledge of the taxes referred to in subsection
1. 3. Amounts payable in any manner permitted by this section may be additionally secured
by a pledge of the full faith and credit of the community whose legislative body has
declared the need for the agency to function. Such additional security may only be provided upon the approval of the majority
of the voters voting on the question at a primary or general election or a special
election called for that purpose. In its proposal to its voters the governing body shall define the area to be redeveloped,
the primary source or sources of revenue first to be employed to retire the bonds
and the maximum sum for which the city may pledge its full faith and credit in connection
with the bonds to be issued for the project.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 279.636
What does Nevada Revised Statutes § 279.636 cover?
Section 279.636 ("Types of bonds which agency may issue; additional security for bonds") 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 § 279.636?
A common citation format is "Nevada Revised Statutes § 279.636" (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 § 279.636 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.