Nevada Revised Statutes 396.810 – Purpose; supplemental nature
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It is the purpose of the University Securities Law to provide a procedure for financing any projects otherwise authorized by law and for the issuance of securities to evidence or reevidence obligations incurred in connection with any projects. The University Securities Law is supplemental in nature, and nothing herein contained shall be construed as authorizing any particular project nor as authorizing the incurrence of any obligations to defray the cost of any project.
Terms Used In Nevada Revised Statutes 396.810
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- University: means all of the universities within the Nevada System of Higher Education. See Nevada Revised Statutes 396.005