396.851 - Recital in securities conclusive evidence of validity and regularity of issuance.

396.851  Recital in securities conclusive evidence of validity and regularity of issuance.  A resolution providing for the issuance of bonds or other securities hereunder or an indenture or other proceedings appertaining thereto may provide that the securities contain a recital that they are issued pursuant to the University Securities Law, which recital shall be conclusive evidence of their validity and the regularity of their issuance.

      (Added to NRS by 1967, 11)