Nevada § 387.522 - Limitation on total amount of outstanding bonds that may be guaranteed; certification by State Treasurer deemed pledge by this state
Full text of Nevada Nevada Revised Statutes § 387.522 — Limitation on total amount of outstanding bonds that may be guaranteed; certification by State Treasurer deemed pledge by this state, with citation guidance and answers to common questions.
§ 387.522. Limitation on total amount of outstanding bonds that may be guaranteed; certification by State Treasurer deemed pledge by this state
1. The total amount of outstanding bonds guaranteed pursuant to NRS 387.513 to 387.528 , inclusive, must not exceed: (a) Two hundred fifty percent of the lower of the cost or fair market value of the
assets in the State Permanent School Fund; (b) A percentage of the lower of the cost or fair market value of the assets in the
State Permanent School Fund specified for this purpose by section 148 of the Internal Revenue Code of 1986 , 26 U.S.C. § 148 , or regulations adopted pursuant to that section; or (c) A percentage of the lower of the cost or fair market value of the assets in the
State Permanent School Fund certified by the State Treasurer as the percentage used
to determine the maximum amount of bonds that may be guaranteed pursuant to NRS 387.513 to 387.528 , inclusive, whichever is less. 2. A certification by the State Treasurer pursuant to paragraph (c) of subsection
1 shall be deemed a pledge by this state that, at the time a guarantee agreement is
entered into, the total amount of bonds that are guaranteed pursuant to NRS 387.513 to 387.528 , inclusive, will not exceed the percentage certified by the State Treasurer pursuant
to paragraph (c) of subsection 1.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 387.522
What does Nevada Revised Statutes § 387.522 cover?
Section 387.522 ("Limitation on total amount of outstanding bonds that may be guaranteed; certification by State Treasurer deemed pledge by this state") 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 § 387.522?
A common citation format is "Nevada Revised Statutes § 387.522" (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 § 387.522 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.