Nevada § 355.070 - Determinations to be made before investment; opinion of Attorney General
Full text of Nevada Nevada Revised Statutes § 355.070 — Determinations to be made before investment; opinion of Attorney General, with citation guidance and answers to common questions.
§ 355.070. Determinations to be made before investment; opinion of Attorney General
1. Except as otherwise provided in subsection 3, the State Treasurer shall: (a) Make diligent inquiry as to the financial standing and responsibility of any state,
county or person in whose bonds or securities on agricultural lands the State Treasurer
proposes to invest. (b) Require the Attorney General to: (1) Give his or her written legal opinion as to the validity of any act of any state
or county under which the bonds or securities are issued and authorized and in which
the State Treasurer contemplates investment. (2) Examine and give his or her written opinion upon the title and the abstract of
title of all agricultural land on which the State contemplates taking mortgages. 2. If the State Treasurer is satisfied as to the financial standing and responsibility
of the state or county whose bonds or securities the State Treasurer proposes to purchase,
or is satisfied of the financial standing and responsibility of the person whose mortgages
on agricultural land are offered to the State, and the Attorney General gives his
or her written opinion that the act under which the bonds or securities are issued
is valid and that the issues were regularly made, or approves the abstract of title
of the agricultural land proposed to be mortgaged, the State Treasurer may make the
investment. 3. The provisions of this section do not apply to loans of money from the State Permanent
School Fund made pursuant to NRS 387.526 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 355.070
What does Nevada Revised Statutes § 355.070 cover?
Section 355.070 ("Determinations to be made before investment; opinion of Attorney General") 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 § 355.070?
A common citation format is "Nevada Revised Statutes § 355.070" (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 § 355.070 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.