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

NRS 396.431: Disclosure required for sale, lease, transfer, conveyance or exchange of land with domestic or foreign limited-liability company.

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Where this section sits in the code
  1. TITLE 34 — EDUCATION
  2. CHAPTER 396 - NEVADA SYSTEM OF HIGHER EDUCATION
  3. PROPERTY; CAPITAL IMPROVEMENTS; EQUIPMENT; MATERIALS AND SUPPLIES

1. If the System sells, leases, transfers or conveys land to, or exchanges land with, a domestic or foreign limited-liability company, the Board of Regents shall require the domestic or foreign limited-liability company to submit a disclosure to the Board of Regents setting forth the name of any person who holds an ownership interest of 1 percent or more in the domestic or foreign limited-liability company. The disclosure must be made available for public inspection upon request.

2. As used in this section, “land” includes all lands, including improvements and fixtures thereon, lands under water, all easements and hereditaments, corporeal or incorporeal, and every estate, interest and right, legal or equitable, in lands or water, and all rights, interests, privileges, easements, encumbrances and franchises relating to the same, including terms for years and liens by way of judgment, mortgage or otherwise.

Collected 2026-09-03T05:51:39Z. Source file · JSON

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