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2025 Nevada Revised Statutes
Chapter 396 - Nevada System of Higher Education
NRS 396.425 - Purchase of real property.

Universal Citation:
NV Rev Stat § 396.425 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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1. The Board of Regents may purchase real property for cash or by making a cash down payment and executing or assuming an obligation to pay the remainder of the price in deferred installments.

2. Such obligation may be secured by a mortgage or deed of trust of the real property acquired, but shall not constitute an obligation of the State of Nevada.

(Added to NRS by 1967, 1094)

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