NRS 349.352 Conclusive determination of Commission that statutory limitations have been met.
87 words·~1 min read·
/nv/chapter-349-state-obligations/349-352·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 349.352 Conclusive determination of Commission that statutory limitations have been met. The determination of the Commission that the limitations in the State Securities Law imposed upon the issuance of bonds or upon the issuance of other securities hereunder, including without limitation any securities for funding or refunding securities, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing resolution or the securities thereby authorized contain a recital as authorized by NRS 349.274 .