NRS 396.828
“Pledged revenues” defined.


“Pledged revenues” means the money pledged wholly or in part for the payment of bonds or other securities issued hereunder and, subject to any existing pledges or other contractual limitations, may include at the Board’s discretion, all loans, grants or contributions to the University or the Board, if any, conditional or unconditional, from the Federal Government, the State, any public body or other donor for the payment of the principal of, the interest on and any prior redemption premiums due in connection with any securities issued hereunder, or any combination thereof, and may include income or money derived from one, all or any combination of the following sources of revenue, including, without limitation, student fees and other fees, rates and charges appertaining thereto:

1.

Dormitories, apartments and other facilities for housing;

2.

Cafeterias, dining halls and other facilities for food service;

3.

Student union and other facilities for student activities;

4.

Store or other facilities for the sale or lease of books, stationery, student supplies, faculty supplies, office supplies and like material;

5.

Stadium, arena, theater, field house and other athletic or recreational facilities for use in part by spectators or otherwise;

6.

Land and any structures, other facilities, or other improvements thereon used or available for use for the parking of vehicles used for the transportation by land or air of persons to or from such land and any improvements thereon;

7.

Properties for providing heat or any other utility furnished by the University or the Board to any facilities on its campus;

8.

Investments and reinvestments of unrestricted endowments;

9.

Any revenue derived from or otherwise pertaining to the imposition and collection of fees for dental services provided at a facility of the University; and

10.

Facilities of the University or the Board, including, without limitation, money from:

(a)

Grants by any person or the Federal Government;

(b)

Contracts and leases with any person or governmental entity;

(c)

The operation of any buildings, structures or other facilities of the University or the Board;

(d)

The investment of any money of the Desert Research Institute; and

(e)

Any other revenue received by the Desert Research Institute, or by the Board on behalf of the Desert Research Institute pursuant to NRS 396.795 to 396.7956, inclusive.

Source: Section 396.828 — “Pledged revenues” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-396.­html#NRS396Sec828.

396.809
Short title.
396.810
Purpose
396.811
Definitions.
396.812
“Acquisition” and “acquire” defined.
396.813
“Board” defined.
396.814
“Chair” and “Chair of the Board” defined.
396.815
“Commercial bank” defined.
396.816
“Cost of any project” defined.
396.817
“Facilities” defined.
396.818
“Federal Government” defined.
396.819
“Federal securities” defined.
396.820
“Gross revenues” and “gross pledged revenues” defined.
396.821
“Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
396.822
“Holder” defined.
396.823
“Improvement” and “improve” defined.
396.824
“Net revenues” and “net pledged revenues” defined.
396.825
“Operation and maintenance expenses” defined.
396.826
“Operation and maintenance expenses”: Exclusions from definition.
396.828
“Pledged revenues” defined.
396.829
“Pledged revenues”: Exclusions from definition.
396.831
“Project” defined.
396.832
“Secretary of the Board” defined.
396.833
“Securities” defined.
396.834
“State” defined.
396.835
“Treasurer of the University” defined.
396.836
“Trust bank” defined.
396.837
“United States” defined.
396.838
“University” defined.
396.839
Bonds and other securities are special obligations payable solely out of net pledged revenues.
396.840
Proposed securities: Sufficiency of revenues
396.841
Payment of securities not to be secured by encumbrance, mortgage or pledge of property
396.842
Recourse against individual Regents: Acceptance of securities constitutes waiver and release.
396.843
Bonds and other securities not obligations of or enforceable against State
396.844
Faith of State pledged against repeal, amendment or modification of University Securities Law.
396.845
Power of University or Regents to become obligated and issue securities for project
396.846
Types of securities which may be issued
396.847
Notes and warrants: Maturity
396.848
Temporary bonds: Conditions, terms and provisions
396.849
Resolution authorizing issuance of securities: Description of purposes.
396.850
Details of securities provided by resolution.
396.851
Recital in securities conclusive evidence of validity and regularity of issuance.
396.852
Denomination, negotiability and maturity of securities
396.853
Execution, signing, countersigning and authentication of securities and coupons
396.854
Redemption before maturity.
396.855
Repurchase of bonds and other securities.
396.856
Use of money received from issuance of securities.
396.857
Disposition of unexpended balance after completion of project.
396.858
Validity of securities not dependent on proceedings relating to project or completion of purpose
396.859
Special funds and accounts: Creation
396.860
Employment of legal and other expert services
396.861
Investment and reinvestment of revenues and proceeds of securities in federal securities.
396.862
Covenants and other provisions in bonds and other securities.
396.863
Pledged revenues received or credited subject to immediate lien
396.864
Rights and powers of holders of securities and trustees.
396.865
Receivers: Appointment
396.866
Rights and remedies cumulative.
396.867
Failure of holder to proceed does not relieve University and its officers, agents and employees of liability for nonperformance of duties.
396.868
Interim debentures: Maturity
396.869
Interim debentures: Security for payment.
396.870
Interim debentures: Extension and funding.
396.871
Interim debentures: Funding by reissuance of bonds pledged as collateral security
396.872
Refunding of securities payable from pledged revenues: Resolution
396.873
Refunding bonds: Exchange for outstanding bonds or federal securities
396.874
Conditions for refunding bonds.
396.875
Refunding bonds: Disposition of proceeds, accrued interest and premium
396.876
Proceeds of refunding bonds in escrow or trust: Investment
396.877
Refunding bonds payable from pledged revenues.
396.878
Issuance of bonds separately or in combination.
396.879
Other statutory provisions applicable to refunding bonds.
396.880
Conclusive determination of Board of Regents that statutory limitations have been met.
396.881
Bonds and other securities exempt from taxation
396.882
Bonds and other securities legal investments for state money.
396.883
Legal investments for other persons.
396.885
Liberal construction.
396.8145
“Chancellor of the University” defined.
396.8163
“Disposal” and “dispose” defined.
396.8167
“Equip” and “equipment” defined.
396.8395
Revenues which may be included as pledged revenues.
396.8455
Board of Regents authorized to delegate its authority to sign contract for purchase of securities or to accept bid for securities
396.8495
Resolution authorizing issuance of securities may fix rate of interest
396.8615
Investment and reinvestment of pledged revenues and proceeds of securities issued in investment contract collateralized with securities issued by Federal Government.
396.8625
Agreements in connection with securities: Exchange of interest rates
Last Updated

Jun. 24, 2021

§ 396.828’s source at nv​.us