NRS 396.8395
Revenues which may be included as pledged revenues.


Subject to any existing pledges or other contractual limitations and to the provisions of NRS 396.810:

1.

The Board may include, without limitation, as pledged revenues for the payment of bonds or other securities issued hereunder:

(a)

The gross revenues derived from the fees designated as the capital improvement fee, the student union building fee, the student center building fee, and the student union capital improvement fee, or words of similar import, except for the words pertaining to any such fee designating the campus or campuses of the System to which the pledged fee or fees pertain, or any combination thereof; and

(b)

The gross revenues derived from the fee designated as the general fund fee, except for the words pertaining thereto designating the campus or campuses of the system to which the pledged fee pertains, but subject to the limitation stated in subsection 5 of NRS 396.840.

2.

The Board may also include, without limitation, as pledged revenues for the payment of bonds or other securities issued hereunder, regardless of the location of the campus or campuses on which the project or projects are to be done for which the securities are authorized, the pledged revenues designated in subsection 1 pertaining to:

(a)

One, all or any combination of the campuses relating to the community colleges if the project or projects relate thereto and to one or more campuses thereof; or

(b)

Either or both the University of Nevada, Reno, and the University of Nevada, Las Vegas, if the project or projects relate to either of those campuses, the Desert Research Institute or any combination thereof.

Source: Section 396.8395 — Revenues which may be included as pledged revenues., https://www.­leg.­state.­nv.­us/NRS/NRS-396.­html#NRS396Sec8395.

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

Feb. 5, 2021

§ 396.8395’s source at nv​.us