Nevada § 279.638 - Liability on bonds; limitation of indebtedness
Full text of Nevada Nevada Revised Statutes § 279.638 — Liability on bonds; limitation of indebtedness, with citation guidance and answers to common questions.
§ 279.638. Liability on bonds; limitation of indebtedness
1. Neither the members of an agency nor any persons executing the bonds are liable
personally on the bonds by reason of their issuance. 2. Unless the full faith and credit of a community is pledged, the bonds and other
obligations of any agency are not a debt of the community, the State or any of its
political subdivisions and neither the community, the State nor any of its political
subdivisions is liable on them, nor in any event shall the bonds or obligations be
payable out of any funds or properties other than those of the agency; and such bonds
and other obligations shall so state on their face. Unless the full faith and credit of a community is pledged, the bonds do not constitute
an indebtedness within the meaning of any constitutional or statutory debt limitation
or restriction.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 279.638
What does Nevada Revised Statutes § 279.638 cover?
Section 279.638 ("Liability on bonds; limitation of 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 § 279.638?
A common citation format is "Nevada Revised Statutes § 279.638" (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 § 279.638 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.