Nevada § 396.868 - Interim debentures: Maturity; use of proceeds; issuance
Full text of Nevada Nevada Revised Statutes § 396.868 — Interim debentures: Maturity; use of proceeds; issuance, with citation guidance and answers to common questions.
§ 396.868. Interim debentures: Maturity; use of proceeds; issuance
1. Any interim debentures may mature at such time or times not exceeding a period
of time equal to the estimated time needed to effect the purpose or purposes for which
they are issued or for which the bonds are authorized to be issued, but not exceeding
5 years from the date of the interim debentures, as the Board may determine. 2. The proceeds of interim debentures shall be used to defray the cost of the project
appertaining thereto. 3. Any notes or warrants or both notes and warrants may be funded with the proceeds
of interim debentures, as well as with the proceeds of bonds. 4. Except as otherwise provided in NRS 396.868 to 396.871 , inclusive, interim debentures shall be issued as provided herein for Board or University
securities in NRS 396.839 to 396.867 , inclusive, and 396.880 to 396.885 , inclusive.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 396.868
What does Nevada Revised Statutes § 396.868 cover?
Section 396.868 ("Interim debentures: Maturity; use of proceeds; issuance") 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 § 396.868?
A common citation format is "Nevada Revised Statutes § 396.868" (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 § 396.868 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.