2022 Nevada Revised Statutes
Chapter 388A - Charter Schools
NRS 388A.585 - "Financing agreement" defined.
"Financing agreement" means an agreement by which the Director of the Department of Business and Industry agrees to issue bonds pursuant to NRS 388A.550 to 388A.695, inclusive, to finance one or more projects and the obligor agrees to:
1. Make payments directly or through notes, debentures, bonds or other secured or unsecured debt obligations of the obligor executed and delivered by the obligor to the Director of the Department of Business and Industry or his or her designee or assignee, including a trustee, sufficient to pay the principal of, premium, if any, and interest on the bonds;
2. Pay other amounts required by NRS 388A.550 to 388A.695, inclusive; and
3. Comply with all the applicable provisions of NRS 388A.550 to 388A.695, inclusive.
(Added to NRS by 2013, 1590; A 2015, 2387)—(Substituted in revision for NRS 386.619)
