Nevada § 315.730 - Obligees' powers and duties
Full text of Nevada Nevada Revised Statutes § 315.730 — Obligees' powers and duties, with citation guidance and answers to common questions.
§ 315.730. Obligees' powers and duties
An authority may: 1. Vest in any obligees of the authority the right to enforce the payment of the bonds
or any covenants securing or relating to the bonds. 2. Vest in an obligee or obligees holding a specified amount in bonds the right, in
the event of a default by the authority, to take possession of and use, operate and
manage any housing project or any part thereof or any funds connected therewith, and
to collect the rents and revenues arising therefrom, and to dispose of such moneys
in accordance with the agreement of the authority with such obligees. 3. Provide for the powers and duties of such obligees and limit the liabilities thereof. 4. Provide the terms and conditions upon which such obligees may enforce any covenant
or rights securing or relating to the bonds.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 315.730
What does Nevada Revised Statutes § 315.730 cover?
Section 315.730 ("Obligees' powers and duties") 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 § 315.730?
A common citation format is "Nevada Revised Statutes § 315.730" (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 § 315.730 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.