reglab/housing_qa huggingface dataset:
NV Rev Stat § 396.820 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.820 - "Gross revenues" and "gross pledged revenues" defined.

Gross revenues or "gross pledged revenues" means all pledged revenues received by the University or the Board, or both the University and the Board, and pledged for the payment of any securities issued hereunder.  (Added to NRS by 1967, 4)
NV Rev Stat § 396.821 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.821 - "Hereby," "herein," "hereinabove," "hereinafter," "hereinbefore," "hereof," "hereto," "hereunder," "heretofore" and "hereafter" defined.

Hereby, "herein," "hereinabove," "hereinafter," "hereinbefore," "hereof," "hereto," "hereunder," and any similar term refer to the University Securities Law and not solely to the particular portion thereof in which such word is used; "heretofore" means before the adoption of the University Securities Law; and "hereafter" means after the adoption of the University Securities Law.  (Added to NRS by 1967, 4)
NV Rev Stat § 396.822 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.822 - "Holder" defined.

Holder, or any similar term, when used in conjunction with any coupons, any bonds or any other securities issued hereunder, means the person in possession and the apparent owner of the designated item if such obligation is registered for payment to bearer or is not registered, or the term means the registered owner of the designated item if it is at the time registered for payment otherwise than to bearer.  (Added to NRS by 1967, 4)
NV Rev Stat § 396.823 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.823 - "Improvement" and "improve" defined.

Improvement or "improve" includes the extension, widening, lengthening, betterment, alteration, reconstruction or other major improvement, or any combination thereof, of any properties pertaining to a project, or an interest therein, but does not mean renovation, reconditioning, patching, general maintenance or other minor repair.  (Added to NRS by 1967, 4)
NV Rev Stat § 396.824 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.824 - "Net revenues" and "net pledged revenues" defined.

Net revenues or "net pledged revenues" means "gross revenues," after the deduction of operation and maintenance expenses.  (Added to NRS by 1967, 5)
NV Rev Stat § 396.825 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.825 - "Operation and maintenance expenses" defined.

Operation and maintenance expenses, or any phrase of similar import, means all reasonable and necessary current expenses of the University or the Board, or of both the University and the Board, as the case may be, paid or accrued, of operating, maintaining and repairing the facilities pertaining to the pledged revenues for the payment of the bonds or other securities issued hereunder; and the term may include at the Board’s option (except as limited by contract or otherwise limited by law), without limiting the generality of the foregoing:  1. Legal and overhead expenses of the various university departments directly related and reasonably allocable to the administration of the facilities;  2. Fidelity bond and insurance premiums appertaining to the facilities, or a reasonably allocable share of a premium of any blanket bond or policy pertaining to the facilities;  3. The reasonable charges of any paying agent, or commercial bank, trust bank, or other depository bank appertaining to any securities issued by the University or by the Board or appertaining to any facilities;  4. Contractual services, professional services, salaries, administrative expenses, and costs of labor appertaining to facilities;  5. The costs incurred by the Board in the collection of all or any part of the pledged revenues, including without limitation revenues appertaining to any facilities;  6. Any costs of utility services furnished to the facilities by the University or otherwise; and  7. Reasonable allowances for the depreciation of furniture and equipment for the facilities.  (Added to NRS by 1967, 5)
NV Rev Stat § 396.826 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.826 - "Operation and maintenance expenses": Exclusions from definition.

The term "operation and maintenance expenses" does not include:  1. Any allowance for depreciation, except as otherwise provided in subsection 7 of NRS 396.825;  2. Any costs of reconstruction, improvements, extensions or betterments;  3. Any accumulation of reserves for capital replacements;  4. Any reserves for operation, maintenance or repair of any facilities;  5. Any allowance for the redemption of any bond or other security evidencing a loan or other obligation or the payment of any interest thereon;  6. Any liabilities incurred in the acquisition or improvement of any properties comprising any project or any existing facilities, or any combination thereof; and  7. Any other ground of legal liability not based on contract.  (Added to NRS by 1967, 5)
NV Rev Stat § 396.828 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.828 - "Pledged revenues" defined.

Pledged revenues means the money pledged wholly or in part for the payment of bonds or other securities issued hereunder and, subject to any existing pledges or other contractual limitations, may include at the Board’s discretion, all loans, grants or contributions to the University or the Board, if any, conditional or unconditional, from the Federal Government, the State, any public body or other donor for the payment of the principal of, the interest on and any prior redemption premiums due in connection with any securities issued hereunder, or any combination thereof, and may include income or money derived from one, all or any combination of the following sources of revenue, including, without limitation, student fees and other fees, rates and charges appertaining thereto:  1. Dormitories, apartments and other facilities for housing;  2. Cafeterias, dining halls and other facilities for food service;  3. Student union and other facilities for student activities;  4. Store or other facilities for the sale or lease of books, stationery, student supplies, faculty supplies, office supplies and like material;  5. Stadium, arena, theater, field house and other athletic or recreational facilities for use in part by spectators or otherwise;  6. Land and any structures, other facilities, or other improvements thereon used or available for use for the parking of vehicles used for the transportation by land or air of persons to or from such land and any improvements thereon;  7. Properties for providing heat or any other utility furnished by the University or the Board to any facilities on its campus;  8. Investments and reinvestments of unrestricted endowments;  9. Any revenue derived from or otherwise pertaining to the imposition and collection of fees for dental services provided at a facility of the University; and  10. Facilities of the University or the Board, including, without limitation, money from:  (a) Grants by any person or the Federal Government;  (b) Contracts and leases with any person or governmental entity;  (c) The operation of any buildings, structures or other facilities of the University or the Board;  (d) The investment of any money of the Desert Research Institute; and  (e) Any other revenue received by the Desert Research Institute, or by the Board on behalf of the Desert Research Institute pursuant to NRS 396.795 to 396.7956, inclusive.  (Added to NRS by 1967, 5; A 1971, 2120; 1987, 1125; 1999, 2646; 2003, 1617)
NV Rev Stat § 396.829 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.829 - "Pledged revenues": Exclusions from definition.

The term "pledged revenues" does not include any of the following:  1. The proceeds of any tuition charges and registration fees;  2. The principal of any endowments, restricted or unrestricted;  3. The proceeds of any levy of any general (ad valorem) property taxes; and  4. The proceeds of any grants, appropriations or other donations from the Federal Government, this state or any other donor except as otherwise provided in NRS 396.828 and any other statute which may authorize the pledge of particular revenues.  (Added to NRS by 1967, 6; A 1971, 2121; 1979, 359; 2003, 1618)
NV Rev Stat § 396.831 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.831 - "Project" defined.

Project means any undertaking or undertakings which the Board is authorized by law (other than NRS 396.809 to 396.885, inclusive) to complete in its name or in the name of the University, the cost of which the Board is authorized by law (other than NRS 396.809 to 396.885, inclusive) to defray by the issuance of bonds or other securities of the Board or the University as provided hereunder.  (Added to NRS by 1967, 6)
NV Rev Stat § 396.832 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.832 - "Secretary of the Board" defined.

Secretary of the Board means the de facto or de jure Secretary of the Board of Regents of the University of Nevada, or his or her successor in functions, if any.  (Added to NRS by 1967, 6)
NV Rev Stat § 396.833 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.833 - "Securities" defined.

Securities means notes, warrants, bonds, temporary bonds and interim debentures authorized to be issued hereunder in the name and on the behalf of the University or of the Board for the benefit of the University.  (Added to NRS by 1967, 6)
NV Rev Stat § 396.834 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.834 - "State" defined.

State means the State of Nevada, or any board, department or other agency or instrumentality thereof, in the United States; and where the context so indicates, "State" means the geographical area comprising the State of Nevada.  (Added to NRS by 1967, 6; A 1971, 2121)
NV Rev Stat § 396.835 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.835 - "Treasurer of the University" defined.

Treasurer of the University means the de facto or de jure Treasurer of the Board and ex officio Treasurer of the System, or his or her successor in functions, if any.  (Added to NRS by 1967, 6; A 1969, 1440; 1993, 358)
NV Rev Stat § 396.836 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.836 - "Trust bank" defined.

Trust bank means:  1. A commercial bank that is authorized to exercise and is exercising trust powers.  2. A branch of the Federal Reserve Bank.  3. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 672.755 that is authorized to exercise and is exercising trust powers.  (Added to NRS by 1967, 6; A 1999, 1491)
NV Rev Stat § 396.837 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.837 - "United States" defined.

United States means the United States of America; and where the context so indicates, "United States" means the geographical area comprising the United States of America.  (Added to NRS by 1967, 7; A 1971, 2121)
NV Rev Stat § 396.838 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.838 - "University" defined.

University means the Nevada System of Higher Education, the State University constituting a body corporate and politic, a political subdivision of this State, with the seat located in the City of Reno, in the County of Washoe and State of Nevada.  (Added to NRS by 1967, 7; A 1969, 1440; 1993, 358; 2005, 362)
NV Rev Stat § 396.839 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.839 - Bonds and other securities are special obligations payable solely out of net pledged revenues.

  1. Any bonds or other securities issued hereunder, together with any interest accruing thereon and any prior redemption premiums due in connection therewith, shall be payable and collectible solely out of net pledged revenues; the holder or holders thereof may not look to any general or other fund for such payment of such securities, except the net revenues pledged therefor; the securities shall not constitute an indebtedness or a debt within the meaning of any constitutional or statutory provision or limitation, if any such limitation appertains thereto; the bonds or other securities shall not be considered or held to be general obligations of the University or the Board but shall constitute the special obligations of either the University or the Board; and the Board shall not pledge the full faith and credit for their payment of either the University or the Board.  2. None of the covenants, agreements, representations and warranties contained in any resolution authorizing the issuance of bonds or other securities hereunder or in any other instrument appertaining thereto, in the absence of any breach thereof, shall ever impose or shall be construed as imposing any liability, obligation or charge against the University or the Board (except the special funds pledged therefor) or against the general credit of either the University or Board, payable out of the general fund of either, or out of any funds derived from taxation.  (Added to NRS by 1967, 7)
NV Rev Stat § 396.8395 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.8395 - Revenues which may be included as pledged revenues.

Subject to any existing pledges or other contractual limitations and to the provisions of NRS 396.810:  1. The Board may include, without limitation, as pledged revenues for the payment of bonds or other securities issued hereunder:  (a) The gross revenues derived from the fees designated as the capital improvement fee, the student union building fee, the student center building fee, and the student union capital improvement fee, or words of similar import, except for the words pertaining to any such fee designating the campus or campuses of the System to which the pledged fee or fees pertain, or any combination thereof; and  (b) The gross revenues derived from the fee designated as the general fund fee, except for the words pertaining thereto designating the campus or campuses of the system to which the pledged fee pertains, but subject to the limitation stated in subsection 5 of NRS 396.840.  2. The Board may also include, without limitation, as pledged revenues for the payment of bonds or other securities issued hereunder, regardless of the location of the campus or campuses on which the project or projects are to be done for which the securities are authorized, the pledged revenues designated in subsection 1 pertaining to:  (a) One, all or any combination of the campuses relating to the community colleges if the project or projects relate thereto and to one or more campuses thereof; or  (b) Either or both the University of Nevada, Reno, and the University of Nevada, Las Vegas, if the project or projects relate to either of those campuses, the Desert Research Institute or any combination thereof.  (Added to NRS by 1979, 359; A 1987, 1126; 1993, 359)
NV Rev Stat § 396.841 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.841 - Payment of securities not to be secured by encumbrance, mortgage or pledge of property; exception.

The payment of securities shall not be secured by an encumbrance, mortgage or other pledge of property of the University or the Board, except for the pledged revenues of the University or the Board. No property of either the University or the Board, subject to such exception, shall be liable to be forfeited or taken in payment of securities.  (Added to NRS by 1967, 8)
NV Rev Stat § 396.842 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.842 - Recourse against individual Regents: Acceptance of securities constitutes waiver and release.

No recourse shall be had for the payment of the principal of, any interest on, and any prior redemption premiums due in connection with any bonds or other securities of the University or the Board or for any claim based thereon or otherwise upon the resolution authorizing their issuance or other instrument appertaining thereto, against any individual Regent of the Board, past, present or future, either directly or indirectly through the Board or the University, or otherwise, whether by virtue of any Constitution, statute or rule of law, or by the enforcement 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 specially waived and released.  (Added to NRS by 1967, 8; A 1975, 872)
NV Rev Stat § 396.843 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.843 - Bonds and other securities not obligations of or enforceable against State; restrictions on pledges, assignments and encumbrances.

  1. Any bonds or other securities issued hereunder shall not be considered to be obligations general, special or otherwise of the State, nor to be securities or debt of the State, and shall not be enforceable against the State.  2. Nothing in the University Securities Law shall be construed to authorize the University or the Board in any way to obligate the State (except as herein otherwise expressly provided in NRS 396.844), or to pledge, assign or encumber in any way, or to permit the pledging, assigning or encumbering in any way, of any tuition charges and registration fees paid to the University or the Board, of the proceeds of any general (ad valorem) property taxes derived directly or indirectly by the University or the Board for the benefit of the University, of any income or gain derived from the investment and reinvestment of moneys accounted for in either the Irreducible University Fund or the Contingent University Fund, of grants, appropriations or other donations made by the Federal Government, the State Legislature or any other donor (except for the interest or other gain derived from the investment and reinvestment of the principal of unrestricted endowments, as permitted by subsection 8 of NRS 396.828), and of any revenues derived from the operation of or otherwise appertaining to any buildings, structures or other facilities of the Board or University (except for those classifications thereof designated in subsections 1 to 6, inclusive, of NRS 396.828).  (Added to NRS by 1967, 8)
NV Rev Stat § 396.844 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.844 - Faith of State pledged against repeal, amendment or modification of University Securities Law.

  1. The faith of the State is hereby pledged that the University Securities Law, any law supplemental or otherwise appertaining thereto, and any other act concerning the bonds and other securities of the Board or the University or the pledged revenues, or both such securities and such revenues, shall not be repealed nor amended or otherwise directly or indirectly modified in such a manner as to impair adversely any outstanding securities of the University or the Board, until all such securities payable from the pledged revenues have been discharged in full or provision has been fully made therefor, including without limitation the known minimum yield from the investment or reinvestment of moneys pledged therefor in federal securities.  2. The State may at any time provide by act that no further obligations appertaining to any pledged revenues or any part thereof shall be incurred thereafter.  (Added to NRS by 1967, 9)
NV Rev Stat § 396.845 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.845 - Power of University or Regents to become obligated and issue securities for project; other powers.

  1. Where any project is otherwise authorized by law and where the University or the Board is otherwise authorized by law to issue its securities to defray the cost of the project, at any time or from time to time the University or the Board may borrow money or otherwise become obligated for the project and may evidence any such obligation by the issuance of the University’s or the Board’s securities.  2. In connection with any project so authorized, the University or the Board, except as herein otherwise provided, may:  (a) Have a corporate seal and alter the same at pleasure;  (b) Sue and be sued;  (c) Acquire and hold real or personal property, or rights or interests therein, and water rights;  (d) Dispose of unnecessary or obsolete property, or rights or interests therein;  (e) Make contracts and execute all instruments necessary or convenient, as determined by the Board;  (f) Acquire by contract or contracts or by its own agents and employees, or otherwise acquire any properties as any project or projects so authorized, and operate and maintain such properties; and  (g) Accept grants of money or materials or property of any kind from the Federal Government, the State, any agency or political subdivision thereof, or any person, upon such terms and conditions as the Federal Government, the State, or such agency or political subdivision, or person may impose.  (Added to NRS by 1967, 9)
NV Rev Stat § 396.8455 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.8455 - Board of Regents authorized to delegate its authority to sign contract for purchase of securities or to accept bid for securities; certain terms of securities must be approved by Board of Regents.

  1. The Board may, before any sale of securities, whether by competitive bid or negotiated sale, delegate to the Chancellor of the University or the Vice Chancellor for Finance of the University the authority to sign a contract for the purchase of the securities or to accept a binding bid for the securities subject to the requirements specified by the Board concerning:  (a) The rate of interest on the securities;  (b) The dates on which and the prices at which the securities may be called for redemption before maturity;  (c) The price at which the securities will be sold; and  (d) The principal amount of the securities and the amount of principal maturing in any particular year.  2. All terms of the securities other than:  (a) The rate of interest;  (b) The dates and prices for the redemption of the securities;  (c) The price for the sale of the securities;  (d) The principal amount of the securities; and  (e) The requirements for the principal maturing in particular years,  must be approved by the Board before the securities are delivered.  3. The final rate of interest, dates and prices of redemption, price for the sale of the securities, principal amount and the requirements for the principal amount maturing in particular years are not required to be approved by the Board if each of those terms complies with the requirements specified by the Board before the contract for the purchase of the securities is signed or the bid for the securities is accepted.  (Added to NRS by 2001, 2647)