In any action or proceeding involving the validity or enforceability of any bonds or their security, any such bond reciting in substance that it has been issued by the agency to aid in financing a redevelopment project is conclusively deemed to have been issued for a redevelopment project and the project is conclusively deemed to have been planned, located and constructed pursuant to this chapter.
NRS 279.646
Validity of bonds: Presumptions
Known as the Community Redevelopment Law
The act spans §§ 279–279 (157 sections).
(Added to NRS by 1959, 669)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.