Notes and warrants may mature at such time or times not exceeding 1 year from the date or the respective dates of their issuance as the Board may determine. They shall not be extended or funded except by the issuance of bonds or interim debentures in compliance with NRS 396.868 and other provisions herein supplemental thereto.
NRS 396.847
Notes and warrants: Maturity; extension or funding
Known as the University Securities Law
The act spans §§ 396–396 (367 sections).
(Added to NRS by 1967, 10)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.