reglab/housing_qa huggingface dataset:
NV Rev Stat § 396.865 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.865 - Receivers: Appointment; powers and duties.

  1. If a resolution of the Board authorizing or providing for the issuance of any securities of any series or any other proceedings appertaining thereto contains a provision authorized by subsection 28 of NRS 396.862 and further provides in substance that any trustee appointed pursuant to subsection 24 of NRS 396.862 shall have the powers provided by that subsection, then such trustee, whether or not all of the bonds or other securities of such series have been declared due and payable, shall be entitled as of right to the appointment of a receiver of the facilities appertaining thereto.  2. Any receiver appointed as permitted by subsection 28 of NRS 396.862 may enter upon and take possession of the facilities and property appertaining thereto, and, subject to any pledge or contract with the holders of such securities, shall take possession of all moneys and other property derived from or applicable to the acquisition, operation, maintenance or improvement of the facilities and proceed with such acquisition, operation, maintenance or improvement which the Board on its behalf or on the behalf of the University is under any obligation to do, and operate, maintain, equip and improve the facilities, and fix, charge, collect, enforce and receive the service charges and all revenues thereafter arising subject to any pledge thereof or contract with the holders of such securities relating thereto and perform the public duties and carry out the contracts and obligations of the University or the Board in the same manner as the Board itself might do and under the direction of the court.  (Added to NRS by 1967, 17; A 1969, 1601)
NV Rev Stat § 396.866 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.866 - Rights and remedies cumulative.

No right or remedy conferred upon any holder of any securities or any coupon appertaining thereto or any trustee for such holder hereby or by any proceedings appertaining to the issuance of such securities or coupons is exclusive of any right or remedy, but each such right or remedy is cumulative and in addition to every other right or remedy and may be exercised without exhausting and without regard to any other remedy conferred hereby or by any other law.  (Added to NRS by 1967, 18)
NV Rev Stat § 396.867 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.867 - Failure of holder to proceed does not relieve University and its officers, agents and employees of liability for nonperformance of duties.

The failure of any holder of any securities or any coupons appertaining thereto so to proceed as herein provided or in such proceedings shall not relieve the Board or the University, or any of their officers, agents and employees of any liability for failure to perform or carry out any duty, obligation or other commitment.  (Added to NRS by 1967, 18)
NV Rev Stat § 396.868 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.868 - Interim debentures: Maturity; use of proceeds; issuance.

  1. Any interim debentures may mature at such time or times not exceeding a period of time equal to the estimated time needed to effect the purpose or purposes for which they are issued or for which the bonds are authorized to be issued, but not exceeding 5 years from the date of the interim debentures, as the Board may determine.  2. The proceeds of interim debentures shall be used to defray the cost of the project appertaining thereto.  3. Any notes or warrants or both notes and warrants may be funded with the proceeds of interim debentures, as well as with the proceeds of bonds.  4. Except as otherwise provided in NRS 396.868 to 396.871, inclusive, interim debentures shall be issued as provided herein for Board or University securities in NRS 396.839 to 396.867, inclusive, and 396.880 to 396.885, inclusive.  (Added to NRS by 1967, 18; A 1969, 1602; 1975, 874)
NV Rev Stat § 396.869 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.869 - Interim debentures: Security for payment.

  1. Pledged revenues and other money, including without limitation proceeds of bonds to be issued or reissued after the issuance of interim debentures, and bonds issued to secure the payment of interim debentures, or any combination thereof, may be pledged to secure the payment of interim debentures.  2. Any bonds pledged as collateral security for the payment of any interim debentures mature at such time or times as the Board may determine, but in no event exceeding 50 years from the dates of such bonds and such interim debentures, or if the dates are not the same, from whichever date is the earlier.  3. Any bonds pledged as collateral security must not be issued in an aggregate principal amount exceeding the aggregate principal amount of the interim debenture or interim debentures secured by a pledge of the bonds, nor shall they bear interest at any time which, with any interest accruing at the same time on the interim debenture or interim debentures so secured, exceeds by more than 3 percent the Index of Revenue Bonds which was most recently published before the bids are received or a negotiated offer is accepted.  (Added to NRS by 1967, 18; A 1969, 1298; 1971, 2125; 1975, 874; 1981, 1417; 1983, 585)
NV Rev Stat § 396.870 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.870 - Interim debentures: Extension and funding.

No interim debentures issued pursuant to the provisions hereof shall be extended or funded except by the issuance or reissuance of a bond or bonds in compliance herewith.  (Added to NRS by 1967, 18)
NV Rev Stat § 396.871 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.871 - Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.

  1. For the purpose of funding any interim debentures, any bonds pledged as collateral security to secure the payment of such interim debentures (upon their surrender as pledged property) may be reissued, and any bonds not previously issued but authorized to be issued by any law for a purpose or purposes the same as or encompassing the purpose or purposes for which the interim debentures were issued, may be issued for such a funding.  2. Any such bonds shall mature at such time or times as the Board may determine, but in no event exceeding 50 years from the dates of the interim debentures so funded and the bonds so pledged as collateral security, or if the dates are not the same, from whichever date is the earlier.  3. Bonds for funding (including but not necessarily limited to any such reissued bonds) and bonds for any other purpose or purposes may be issued separately or issued in combination in one series or more.  4. Except as herein otherwise provided in NRS 396.868 to 396.871, inclusive, any such funding bonds shall be issued as is provided herein for other bonds.  (Added to NRS by 1967, 19)
NV Rev Stat § 396.873 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.873 - Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale.

  1. Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds being refunded or may be publicly or privately sold.  2. The refunding bonds, or any part thereof, may be exchanged by the Board for federal securities which have been made available for escrow investment by any purchaser of refunding bonds, upon terms of exchange mutually agreed upon, and any federal securities so received by the Board shall be placed in escrow as provided in NRS 396.875 and 396.876.  (Added to NRS by 1967, 20)
NV Rev Stat § 396.874 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.874 - Conditions for refunding bonds.

  1. No bonds may be refunded hereunder unless the holders thereof voluntarily surrender them for exchange or payment, or unless they either mature or are callable for prior redemption under their terms within 25 years after the date of issuance of the refunding bonds. Provision must be made for paying the securities within that period.  2. The maturity of any bond refunded may not be extended beyond 25 years, or beyond 1 year next following the date of the last outstanding maturity, whichever limitation is later, nor may any interest thereon be increased to any rate which exceeds by more than 3 percent the Index of Revenue Bonds which was most recently published before the bids are received or a negotiated offer is accepted.  3. The principal amount of the refunding bonds may exceed, be less than or be the same as the principal amount of the bonds being refunded so long as provision is duly and sufficiently made for their payment.  (Added to NRS by 1967, 20; A 1969, 1299; 1971, 2125; 1975, 874; 1981, 1417; 1983, 585, 1034, 1596)
NV Rev Stat § 396.875 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.875 - Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts.

  1. Except as herein otherwise provided, the proceeds of refunding bonds shall either be immediately applied to the retirement of the bonds to be refunded or be placed in escrow or trust in any trust bank or trust banks within or without or both within and without this state to be applied to the payment of the refunded bonds or the refunding bonds, or both the refunded bonds and the refunding bonds, upon their presentation therefor to the extent, in such priority and otherwise in the manner which the Board may determine.  2. The incidental costs of the refunding of bonds may be paid by the purchaser of the refunding bonds or be defrayed from any general fund or other available revenues of the University or the Board or from the proceeds of the refunding bonds, or from the interest or other yield derived from the investment of any refunding bond proceeds or other moneys in escrow or trust, or from any other sources legally available therefor, or any combination thereof, as the Board may determine.  3. Any accrued interest and any premium appertaining to a sale of refunding bonds may be applied to the payment of the interest thereon or the principal thereof, or to both interest and principal, or may be deposited in a reserve therefor, or may be used to refund bonds by deposit in escrow, trust or otherwise, or may be used to defray any incidental costs appertaining to the refunding, or any combination thereof, as the Board may determine.  (Added to NRS by 1967, 20)
NV Rev Stat § 396.876 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.876 - Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.

  1. Any such escrow or trust shall not necessarily be limited to proceeds of refunding bonds but may include other moneys available for its purpose.  2. Any proceeds in escrow or trust, pending such use, may be invested or reinvested in federal securities.  3. Any trust bank accounting for federal securities in such escrow or trust may place them for safekeeping wholly or in part in any trust bank or trust banks within or without or both within and without this state.  4. Any trust bank shall continuously secure any moneys placed in escrow or trust and not so invested or reinvested in federal securities by a pledge in any trust bank or trust banks within or without or both within and without the State of federal securities in an amount at all times at least equal to the total uninvested amount of such moneys accounted for in such escrow or trust.  5. Such proceeds and investments in escrow or trust, together with any interest or other gain to be derived from any such investment, shall be in an amount at all times at least sufficient to pay principal, interest, any prior redemption premiums due, and any charges of the escrow agent or trustee and any other incidental expenses payable therefrom, except to the extent provision may have been previously otherwise made therefor, as such obligations become due at their respective maturities or due at designated prior redemption date or dates in connection with which the Board shall have exercised or shall be obligated to exercise a prior redemption option on its behalf or on behalf of the University.  6. The computations made in determining such sufficiency shall be verified by a certified public accountant certified or licensed to practice in this state or in any other state.  7. Any purchaser of any refunding bond issued hereunder shall in no manner be responsible for the application of the proceeds thereof by the Board or the University or any of their respective officers, agents or employees.  (Added to NRS by 1967, 21)
NV Rev Stat § 396.877 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.877 - Refunding bonds payable from pledged revenues.

Refunding bonds may be made payable from any pledged revenues which might be legally pledged for the payment of the bonds being refunded at the time of the refunding or at the time of the issuance of the bonds being refunded, as the Board may determine, notwithstanding the revenue sources or the pledge of such revenues for the payment of the outstanding bonds being refunded is hereby modified.  (Added to NRS by 1967, 21)
NV Rev Stat § 396.878 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.878 - Issuance of bonds separately or in combination.

Bonds for refunding and bonds for any other purpose or purposes authorized by any other law may be issued separately or issued in combination in one series or more by the University or the Board.  (Added to NRS by 1967, 22)
NV Rev Stat § 396.879 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.879 - Other statutory provisions applicable to refunding bonds.

Except as in NRS 396.872 to 396.878, inclusive, expressly provided or necessarily implied, the relevant provisions elsewhere herein appertaining generally to the issuance of bonds to defray the cost of any project shall be equally applicable in the authorization and issuance of refunding bonds, including their terms and security, the covenants and other provisions of the resolution authorizing the issuance of the bonds, or other instruments or proceedings appertaining thereto, and other aspects of the bonds.  (Added to NRS by 1967, 22)
NV Rev Stat § 396.880 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.880 - Conclusive determination of Board of Regents that statutory limitations have been met.

The determination of the Board that the limitations hereunder imposed upon the issuance of bonds or upon the issuance of other securities hereunder, including without limitation any securities for funding or refunding securities, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing resolution or the securities thereby authorized contain a recital as authorized by NRS 396.851.  (Added to NRS by 1967, 22; A 1969, 1603)
NV Rev Stat § 396.881 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.881 - Bonds and other securities exempt from taxation; exception.

  1. Except as otherwise provided in subsection 2, bonds and other securities issued pursuant to the provisions of the University Securities Law, their transfer and the income therefrom must forever be and remain free and exempt from taxation by this state or any subdivision thereof.  2. The provisions of subsection 1 do not apply to the tax on estates imposed pursuant to the provisions of chapter 375A of NRS or the tax on generation-skipping transfers imposed pursuant to the provisions of chapter 375B of NRS.  (Added to NRS by 1967, 22; A 1989, 2108; 1991, 1712)
NV Rev Stat § 396.882 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.882 - Bonds and other securities legal investments for state money.

It is legal for the State Board of Finance to invest any permanent state funds or other state funds available for investment in any of the bonds or other securities authorized to be issued pursuant to the provisions hereof.  (Added to NRS by 1967, 22)
NV Rev Stat § 396.883 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.883 - Legal investments for other persons.

  1. It is legal for any bank, trust company, banker, savings bank or institution, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business, and any executor, administrator, curator, trustee or any other fiduciary, to invest funds or money in his or her custody in any of the bonds or other securities issued hereunder.  2. Nothing contained in this section with regard to legal investments relieves any representative of any corporation or other person of any duty of exercising reasonable care in selecting securities.  (Added to NRS by 1967, 22; A 1983, 134)
NV Rev Stat § 396.884 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.884 - Sufficiency of NRS 396.809 to 396.885, inclusive.

  1. NRS 396.809 to 396.885, inclusive, without reference to other statutes of this state, except as herein otherwise expressly provided, shall constitute full authority for the exercise of the incidental powers herein granted concerning the borrowing of money to defray wholly or in part the cost of any project appertaining to the University or the Board, or to refinance outstanding loans, or both, and the issuance of bonds or other securities to evidence such loans or other obligations or to fund or refund outstanding securities, or any combination thereof, as the Board may determine.  2. No other act or law with regard to the authorization or issuance of securities or the exercise of any other power herein granted that requires an approval, or in any way impedes or restricts the carrying out of the acts herein authorized to be done shall be construed as applying to any proceedings taken hereunder or acts done pursuant hereto, except as herein otherwise provided.  3. The powers conferred by NRS 396.809 to 396.885, inclusive, shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by NRS 396.809 to 396.885, inclusive, shall not affect the powers conferred by, any other law.  4. Nothing contained in NRS 396.809 to 396.885, inclusive, shall be construed as preventing the exercise of any power granted to the Board or to the University acting by and through the Board, or any officer, agent or employee thereof, by any other law.  5. No part of NRS 396.809 to 396.885, inclusive, shall repeal or affect any other law or part thereof, it being intended that NRS 396.809 to 396.885, inclusive, shall provide a separate method of accomplishing their objectives and not an exclusive one; and NRS 396.809 to 396.885, inclusive, shall not be construed as repealing, amending or changing any such other law.  (Added to NRS by 1967, 22)
NV Rev Stat § 396.885 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.885 - Liberal construction.

NRS 396.809 to 396.885, inclusive, being necessary to secure the public health, safety, convenience and welfare shall be liberally construed to effect their purposes.  (Added to NRS by 1967, 23)
NV Rev Stat § 396.890 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.890 - Administration by Board of Regents; eligibility for loans; terms and repayment of loans; delinquency charges.

  1. The Board of Regents may administer, directly or through a designated officer or employee of the System, a program to provide loans for fees, books and living expenses to students in the nursing programs of the System.  2. Each student to whom a loan is made must:  (a) Have been a "bona fide resident" of Nevada, as that term is defined in NRS 396.540, for at least 6 months prior to the "matriculation" of the student in the System, as that term is defined pursuant to NRS 396.540;  (b) Be enrolled at the time the loan is made in a nursing program of the System for the purpose of becoming a licensed practical nurse or registered nurse;  (c) Fulfill all requirements for classification as a full-time student showing progression towards completion of the program; and  (d) Maintain at least a 2.00 grade point average in each class and at least a 2.75 overall grade point average, on a 4.0 grading scale.  3. Each loan must be made upon the following terms:  (a) All loans must bear interest at 8 percent per annum from the date when the student receives the loan.  (b) Each student receiving a loan must repay the loan with interest following the termination of the student’s education for which the loan is made. The loan must be repaid in monthly installments over the period allowed with the first installment due 1 year after the date of the termination of the student’s education for which the loan is made. The amounts of the installments must not be less than $50 and may be calculated to allow a smaller payment at the beginning of the period of repayment, with each succeeding payment gradually increasing so that the total amount due will have been paid within the period for repayment. The period for repayment of the loans must be:  (1) Five years for loans which total less than $10,000.  (2) Eight years for loans which total $10,000 or more, but less than $20,000.  (3) Ten years for loans which total $20,000 or more.  4. A delinquency charge may be assessed on any installment delinquent 10 days or more in the amount of 8 percent of the installment or $4, whichever is greater, but not more than $15.  5. The reasonable costs of collection and an attorney’s fee may be recovered in the event of delinquency.  (Added to NRS by 1989, 2134; A 1993, 359; 2005, 1421)
NV Rev Stat § 396.891 (2021)
2021 Nevada Revised Statutes|Chapter 396 - Nevada System of Higher Education|NRS 396.891 - Limitations on amount of loans; distribution of loans among campuses of System.

  1. The loans made pursuant to NRS 396.890 to 396.898, inclusive, must not exceed the following amounts per student per semester. If the student is enrolled in a program of:  (a) A community college, $1,700.  (b) A university, $2,005.  2. Any money distributed pursuant to NRS 396.890 to 396.898, inclusive, must be distributed among the campuses of the System in amounts that will allow the same percentage of eligible students enrolled in the licensed practical nurse and registered practical nurse programs of each campus to receive loans.  (Added to NRS by 1989, 2135; A 1993, 360)