In any suit, action or proceeding involving the validity or enforceability of any bond of an authority or the security therefor, any such bond reciting in substance that it has been issued by the authority to aid in financing a housing project, as defined in NRS 315.230, is conclusively deemed to have been issued for such purpose and such project is conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of NRS 315.140 to 315.7821, inclusive.
NRS 315.660
Validity; conclusive presumptions
Known as the Housing Authorities Law
The act spans §§ 315–315 (157 sections).
[Part 13:253:1947; 1943 NCL § 5470.13]—(NRS A 1975, 19; 1977, 1188)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.