Nevada § 319.325 - Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance
Full text of Nevada Nevada Revised Statutes § 319.325 — Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance, with citation guidance and answers to common questions.
§ 319.325. Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance
The Division may: 1. Provide that any bonds or notes issued by the Division be insured or be secured
by surety bonds, letters of credit not issued by the Division, guaranties or other
means of assuring repayment of such bonds or notes. 2. Require that any loans, including a mortgage loan, made or purchased by the Division
be insured or be secured by surety bonds, letters of credit not issued by the Division,
guaranties or other means of assuring repayment of such loans. 3. Pay the fees, charges, premiums and any other costs associated with obtaining and
maintaining insurance, or other means of assuring repayment, from any available money
of the Division including premiums, fees and charges assessed against sponsors, lending
institutions or other participants or beneficiaries of the programs of the Division.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 319.325
What does Nevada Revised Statutes § 319.325 cover?
Section 319.325 ("Division may provide that bonds, notes or loans be insured or secured; payment of costs associated with insurance") 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 § 319.325?
A common citation format is "Nevada Revised Statutes § 319.325" (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 § 319.325 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.