Purchase of real property.

Nev. Rev. Stat. § 396.425
in effect
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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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-396.htmlFetched: 10/4/2026

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