Nevada Revised Statutes 539.6355 – Failure of holder of bonds to proceed does not relieve district of liability
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The failure of any holder of any bonds to proceed as provided in this chapter or in proceedings appertaining thereto does not relieve the district, the board or any of the officers, agents and employees of the district of any liability for failure to perform or carry out any duty, obligation or other commitment.
Terms Used In Nevada Revised Statutes 539.6355
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.