The failure of any holder of any securities or any coupons appertaining thereto so to proceed as herein provided or in such proceedings shall not relieve the Board or the University, or any of their officers, agents and employees of any liability for failure to perform or carry out any duty, obligation or other commitment.
NRS 396.867
Failure of holder to proceed does not relieve University and its officers, agents and employees of liability for nonperformance of duties
Known as the University Securities Law
The act spans §§ 396–396 (367 sections).
(Added to NRS by 1967, 18)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.