2013 Nevada Revised Statutes
Chapter 386 - Local Administrative Organization
NRS 386.619 - 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 386.612 to 386.649, 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 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 386.612 to 386.649, inclusive; and
3. Comply with all the applicable provisions of NRS 386.612 to 386.649, inclusive.
(Added to NRS by 2013, 1590)
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