Nevada § 319.300 - Bonds: Trust indentures as security
Full text of Nevada Nevada Revised Statutes § 319.300 — Bonds: Trust indentures as security, with citation guidance and answers to common questions.
§ 319.300. Bonds: Trust indentures as security
In the discretion of the Administrator, bonds issued by the Division may be secured
by a trust indenture or trust indentures by and between the Division and a corporate
trustee, which may be any trust company or bank having the power of a trust company
within or outside this state. Such trust indenture may contain such provisions for protecting and enforcing the
rights and remedies of the bondholders as may be reasonable and proper and not in
violation of law, including covenants setting forth the duties of the Division in
relation to the exercise of its statutory powers and the custody, safeguarding and
application of all moneys. The Division may provide by such trust indenture for the payment of the proceeds of
the bonds and the revenues to the trustee under such trust indenture or other depository,
and for the method of disbursement thereof, with such safeguards and restrictions
as the Administrator may determine. All expenses incurred in carrying out such trust indenture may be treated as part
of the operating expenses of the Division. Such trust indenture may limit or abrogate the right of the holders of any bonds,
notes or other obligations of the Division to appoint a trustee under this chapter
or limit the rights, powers and duties of such trustee.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 319.300
What does Nevada Revised Statutes § 319.300 cover?
Section 319.300 ("Bonds: Trust indentures as security") 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 § 319.300?
A common citation format is "Nevada Revised Statutes § 319.300" (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 § 319.300 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.