Nevada § 321.412 - Authority of State Land Registrar to purchase historic buildings and enter into public-private partnerships related to historic buildings; requirements for public-private partnership contracts; State Land Registrar required to consult with Office of Historic Preservation of the State Department of Conservation and Natural Resources
Full text of Nevada Nevada Revised Statutes § 321.412 — Authority of State Land Registrar to purchase historic buildings and enter into public-private partnerships related to historic buildings; requirements for public-private partnership contracts; State Land Registrar required to consult with Office of Historic Preservation of the State Department of Conservation and Natural Resources, with citation guidance and answers to common questions.
§ 321.412. Authority of State Land Registrar to purchase historic buildings and enter into public-private partnerships related to historic buildings; requirements for public-private partnership contracts; State Land Registrar required to consult with Office of Historic Preservation of the State Department of Conservation and Natural Resources
1. To the extent that money is available in the Restore Nevada's Treasures Revolving
Account created by NRS 321.418 , the State Land Registrar may purchase a historic building that has been determined
by the Office of Historic Preservation of the State Department of Conservation and
Natural Resources to be a historic building that is at risk of loss. 2. The State Land Registrar may enter into a public-private partnership with a private
partner for the preservation, rehabilitation, restoration, reconstruction or adaptive
reuse of a historic building purchased pursuant to subsection 1. The public-private partnership must be structured to facilitate the transfer of
ownership of the historic building from the State to the private partner and repayment
of the purchase price of the historic building to the State by the private partner
from revenues generated by the historic building. 3. The contract for a public-private partnership must include, without limitation: (a) The rate of interest on payments; (b) A schedule for payments; and (c) A provision to ensure all money expended or advanced by the State in connection
with the public-private partnership is recovered in the event of a default by the
private partner. 4. The State Land Registrar shall consult with the Office of Historic Preservation
of the State Department of Conservation and Natural Resources regarding: (a) Identification of historic buildings appropriate for public-private partnerships;
and (b) The design and restoration of a historic building pursuant to a public-private
partnership.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 321.412
What does Nevada Revised Statutes § 321.412 cover?
Section 321.412 ("Authority of State Land Registrar to purchase historic buildings and enter into public-private partnerships related to historic buildings; requirements for public-private partnership contracts; State Land Registrar required to consult with Office of Historic Preservation of the State Department of Conservation and Natural Resources") 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 § 321.412?
A common citation format is "Nevada Revised Statutes § 321.412" (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 § 321.412 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.