The Authority may procure or agree to the procurement of insurance or guarantees from any governmental agency or from any private insurance company, of the payment of any bonds or notes or any other evidences of indebtedness thereof issued by the Authority or by any lending institution, and may pay premiums on such insurance.
NRS 315.9985
Notes, bonds and other obligations: Guarantees of payment
Known as the Housing Authorities Law
The act spans §§ 315–315 (157 sections).
(Added to NRS by 2005, 215)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.