{"data":{"id":"us-nv/nrs-396.425","jurisdiction":"us-nv","citation":"NRS 396.425","heading":"Purchase of real property.","body":"1. The Board of Regents may purchase real property for cash or by making a cash down payment and executing or assuming an obligation to pay the remainder of the price in deferred installments.\n2. Such obligation may be secured by a mortgage or deed of trust of the real property acquired, but shall not constitute an obligation of the State of Nevada.","path":["TITLE 34 — EDUCATION","CHAPTER 396 - NEVADA SYSTEM OF HIGHER EDUCATION","PROPERTY; CAPITAL IMPROVEMENTS; EQUIPMENT; MATERIALS AND SUPPLIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-396.html#NRS396Sec425","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:39Z","sha256":"046012734a82979ac7ca73443fbb36527662e80c27d0c674186fa9549a0fcf76","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-396.420","next":"us-nv/nrs-396.430"},"notice":"GroundRules: Original legal text. Not legal advice."}