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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 244A.561: No recourse based on securities against director, officer or agent of county or State.

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Where this section sits in the code
  1. TITLE 20 — COUNTIES AND TOWNSHIPS: FORMATION, GOVERNMENT AND OFFICERS
  2. CHAPTER 244A - COUNTIES: FINANCING OF PUBLIC IMPROVEMENTS
  3. COUNTY SEWAGE AND WASTEWATER LAW

No recourse may be had for the payment of the principal of, any interest on, or any prior redemption premiums due in connection with any bonds or other county or state securities or other obligations of the county evidenced by any other contract or for any claim based thereon or otherwise upon the ordinance or resolution authorizing the issuance of such securities or the incurrence of such other obligations or other instrument pertaining thereto, against any individual director or any officer or other agent of the county or the State, past, present or future, either directly or indirectly through the board or the county or State or otherwise, whether by virtue of any constitution or statute, or by the endorsement of any penalty or otherwise, all such liability, if any, being by the acceptance of the securities and as a part of the consideration of their issuance or by the making of any other contract specially waived and released.

Collected 2026-09-03T05:51:35Z. Source file · JSON

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