GroundRules
NRS 396.807: Beneficial interest of System and Board of Regents in nonprofit corporation.
Where this section sits in the code
- TITLE 34 — EDUCATION
- CHAPTER 396 - NEVADA SYSTEM OF HIGHER EDUCATION
- ACQUISITION OF REAL PROPERTY FOR FUTURE DEVELOPMENT AND EXPANSION OF UNIVERSITY OF NEVADA, LAS VEGAS
The System, or the Board of Regents, as it may determine, has the beneficial interest in the corporation while any obligations evidenced by its bonds or other securities remain outstanding and the System or the Board of Regents, as it may determine, may obligate itself to take full legal title to the property of the corporation upon the retirement of its securities.
Collected 2026-09-03T05:51:39Z. Source file · JSON