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NRS 396.122

Interest in certain contracts prohibited

Known as the University Securities Law

The act spans §§ 396–396 (367 sections).

(Added to NRS by 1977, 1113)

A member of the Board of Regents shall not be interested, directly or indirectly, as principal, partner, agent or otherwise, in any contract or expenditure created by the Board of Regents, or in the profits or results thereof.

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