A resolution providing for the issuance of bonds or other securities hereunder or an indenture or other proceedings appertaining thereto may provide that the securities contain a recital that they are issued pursuant to the University Securities Law, which recital shall be conclusive evidence of their validity and the regularity of their issuance.
NRS 396.851
Recital in securities conclusive evidence of validity and regularity of issuance
Known as the University Securities Law
The act spans §§ 396–396 (367 sections).
(Added to NRS by 1967, 11)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.