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NRS 279.656

Issuance of bonds: Abrogation or amendment of contracts with bondholders

Known as the Community Redevelopment Law

The act spans §§ 279–279 (157 sections).

(Added to NRS by 1959, 669)

An agency may prescribe the procedure, if any, by which the terms of any contract with bondholders may be amended or abrogated; the amount of bonds whose holders are required to consent thereto, and the manner in which such consent may be given.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.