Nevada § 388A.635 - Sufficiency of NRS 388A.550 to 388A.695, inclusive; construction

§ 388A.635. Sufficiency of NRS 388A.550 to 388A.695, inclusive; construction

1. NRS 388A.550 to 388A.695 , inclusive, without reference to other statutes of this State, constitute full authority

for the exercise of powers granted in those sections, including, without limitation,

the authorization and issuance of bonds. 2. No other act or law with regard to the authorization or issuance of bonds that

provides for an election, requires an approval, or in any way impedes or restricts

the carrying out of the acts authorized by NRS 388A.550 to 388A.695 , inclusive, to be done, applies to any proceedings taken or acts done pursuant to

those sections, except for laws to which reference is expressly made in those sections

or by necessary implication of those sections. 3. The provisions of no other law, either general or local, except as provided in NRS 388A.550 to 388A.695 , inclusive, apply to the doing of the things authorized in those sections to be done,

and no board, agency, bureau, commission or official not designated in those sections

has any authority or jurisdiction over the doing of any of the acts authorized in

those sections to be done, except as otherwise provided in those sections. 4. A project is not subject to any requirements relating to public buildings, structures,

ground works or improvements imposed by the statutes of this State or any other similar

requirements which may be lawfully waived by this section, and any requirement of

competitive bidding or other restriction imposed on the procedure for award of contracts

for such purpose or the lease, sale or other disposition of property is not applicable

to any action taken pursuant to NRS 388A.550 to 388A.695 , inclusive, except that the provisions of NRS 338.013 to 338.090 , inclusive, apply to any contract for new construction, repair or reconstruction

for which tentative approval for financing is granted on or after July 1, 2019, by

the Director of the Department of Business and Industry. The Director, the lessee, purchaser or other obligor, any contractor who is awarded

a contract or enters into an agreement to perform the construction, repair or reconstruction

for the project, and any subcontractor who performs any portion of such construction,

repair or reconstruction shall comply with the provisions of NRS 338.013 to 338.090 , inclusive, in the same manner as if a public body had undertaken the project or

had awarded the contract. 5. Any bank or trust company located within or without this State may be appointed

and act as a trustee with respect to bonds issued and projects financed pursuant to NRS 388A.550 to 388A.695 , inclusive, without the necessity of associating with any other person or entity

as cofiduciary, but such an association is not prohibited. 6. The powers conferred by NRS 388A.550 to 388A.695 , inclusive, are in addition and supplemental to, and not in substitution for, and

the limitations imposed by those sections do not affect, the powers conferred by any

other law. 7. No part of NRS 388A.550 to 388A.695 , inclusive, repeals or affects any other law or part thereof, except to the extent

that those sections are inconsistent with any other law, it being intended that those

sections provide a separate method of accomplishing its objectives, and not an exclusive

one. 8. The Director of the Department of Business and Industry or a person designated

by the Director of the Department of Business and Industry may take any actions and

execute and deliver any instruments, contracts, certificates and other documents,

including the bonds, necessary or appropriate for the sale and issuance of the bonds

or accomplishing the purposes of NRS 388A.550 to 388A.695 , inclusive, without the assistance or intervention of any other officer.