Nevada § 315.690 - Limitation of further indebtedness; bond proceeds; lost and destroyed bonds; extension of bond and interest payment; redemption
Full text of Nevada Nevada Revised Statutes § 315.690 — Limitation of further indebtedness; bond proceeds; lost and destroyed bonds; extension of bond and interest payment; redemption, with citation guidance and answers to common questions.
§ 315.690. Limitation of further indebtedness; bond proceeds; lost and destroyed bonds; extension of bond and interest payment; redemption
An authority may: 1. Covenant against pledging all or any part of its rents, fees and revenues, or against
mortgaging all or any part of its real or personal property, to which its right or
title then exists or may thereafter come into existence, or against permitting or
suffering any lien on such revenues or property. 2. Covenant with respect to its right to sell, lease or otherwise dispose of any housing
project or any part thereof. 3. Covenant as to what other, or additional debts or obligations may be incurred by
it. 4. Covenant as to the bonds to be issued and as to the issuance of such bonds in escrow
and otherwise, and as to the use and disposition of the proceeds thereof. 5. Provide for the replacement of lost, destroyed or mutilated bonds. 6. Covenant against extending the time for the payment of its bonds or interest thereon. 7. Covenant for the redemption of the bonds, and to provide the terms and conditions
thereof.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 315.690
What does Nevada Revised Statutes § 315.690 cover?
Section 315.690 ("Limitation of further indebtedness; bond proceeds; lost and destroyed bonds; extension of bond and interest payment; redemption") 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 § 315.690?
A common citation format is "Nevada Revised Statutes § 315.690" (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 § 315.690 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.