Permissible forms of security for issuance of revenue bonds by Bank.
Nev. Rev. Stat. § 226.802
in effectThe Bank may provide security for any issue of revenue bonds by the Bank through any commonly accepted financial instrument, including, without limitation:
1. A deed of trust on the resources, facilities and revenues of one or more qualified projects financed by the Bank;
2. A credit enhancement, including, without limitation, a letter of credit, bond insurance or surety bond provided by a private financial institution; and
3. Insurance, reinsurance or a guarantee provided by the Bank itself.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-226.htmlFetched: 10/4/2026
