Nevada § 349.362 - Sufficiency of State Securities Law

§ 349.362. Sufficiency of State Securities Law

1. The State Securities Law, without reference to other statutes of this state, except

as herein otherwise expressly provided, shall constitute full authority for the exercise

of the incidental powers herein granted concerning the borrowing of money and any

other incurrence of obligations to defray wholly or in part the cost of any project

appertaining to the State and otherwise authorized by law, or to refinance outstanding

loans, or both, and the issuance of bonds or other securities to evidence such loans

or other obligations or to fund or refund outstanding securities, or any combination

thereof, as the Commission may determine. 2. No other act or law with regard to the authorization or issuance of securities

or the exercise of any other power herein granted that requires an election or another

approval or in any way impedes or restricts the carrying out of the acts herein authorized

to be done shall be construed as applying to any proceedings taken hereunder or acts

done pursuant hereto, except as otherwise provided in the State Securities Law or

in any act supplemental hereto. 3. The powers conferred by the State Securities Law shall be in addition and supplemental

to, and not in substitution for, and the limitations imposed by the State Securities

Law shall not affect the powers conferred by, any other law. 4. Nothing contained in the State Securities Law shall be construed as preventing

the exercise of any power granted to the State, acting by and through the Commission,

or any officer, agent or employee of the State, or otherwise, by any other law. 5. No part of the State Securities Law shall repeal or affect any other law or part

thereof, it being intended that the State Securities Law shall provide a separate

method of accomplishing its objectives and not an exclusive one; and the State Securities

Law shall not be construed as repealing, amending or changing any such other law.