{"data":{"id":"us-nv/nrs-353d.260","jurisdiction":"us-nv","citation":"NRS 353D.260","heading":"Limitation on effect of action by Board of Trustees; imposition of obligations on State or pledge of State’s credit prohibited.","body":"1. An act or undertaking of the Board does not constitute a debt of the State of Nevada, or any political subdivision thereof, or a pledge of the full faith and credit of the State of Nevada, or of any political subdivision thereof, and is payable solely from the Trust.\n2. The Board may not impose any obligations on the State or pledge the credit of the State.","path":["TITLE 31 — PUBLIC FINANCIAL ADMINISTRATION","CHAPTER 353D - NEVADA EMPLOYEE SAVINGS TRUST","NEVADA EMPLOYEE SAVINGS TRUST PROGRAM; NEVADA EMPLOYEE SAVINGS TRUST; ADMINISTRATIVE FUND","Nevada Employee Savings Trust Program"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-353D.html#NRS353DSec260","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"8ed30c9602d501a8780c5a2f964787b14fd649194674b14e72048c8b61f2df36","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-353d.250","next":"us-nv/nrs-353d.300"},"notice":"GroundRules: Original legal text. Not legal advice."}