Nevada § 319.167 - Division may enter into instruments, agreements and other transactions for certain purposes
Full text of Nevada Nevada Revised Statutes § 319.167 — Division may enter into instruments, agreements and other transactions for certain purposes, with citation guidance and answers to common questions.
§ 319.167. Division may enter into instruments, agreements and other transactions for certain purposes
1. Upon the approval of the State Board of Finance, the Division may enter into instruments,
agreements and other such transactions for one or more of the following purposes: (a) Reducing or modifying the amount or duration of any payment, interest rate, spread
or similar risk; (b) Lowering the cost of borrowing when used in combination with the issuance or carrying
of bonds or investments; or (c) Enhancing the relationship between risk and return with respect to the programs
of the Division for lending or investment or any portion thereof. 2. In entering into such instruments, agreements or other such transactions, the Division
shall consider the creditworthiness of the counterparties and other relevant criteria
relating to the objectives of the programs of the Division.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 319.167
What does Nevada Revised Statutes § 319.167 cover?
Section 319.167 ("Division may enter into instruments, agreements and other transactions for certain purposes") 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 § 319.167?
A common citation format is "Nevada Revised Statutes § 319.167" (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 § 319.167 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.