Nevada Code § 226.793

Qualified borrower: Required entry into financing agreement to obtain loan or other financial assistance; authorized uses of loan proceeds
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1. A qualified borrower that wishes to obtain
a loan or other financial assistance from the Bank must enter into a financing
agreement with the Bank and may be required to issue a loan obligation to the
Bank. Except as otherwise provided by specific statute, a qualified borrower
entering into a financing agreement with the Bank or issuing a loan obligation
to the Bank may perform any act, take any action, adopt any proceedings and
make and carry out any contract or agreement with the Bank as may be agreed to
by the Bank and the qualified borrower for carrying out the purposes
contemplated by NRS 226.700 to 226.832 , inclusive.
2. A qualified borrower may, in addition to
any authorization set forth in this section, use any authorization granted by
any other statute that allows the qualified borrower to borrow money and issue
obligations in obtaining a loan or other financial assistance from the Bank to
the extent determined necessary or useful by the qualified borrower in
connection with any financing agreement or the issuance, securing or sale of a
loan obligation to the Bank.
3. A qualified borrower may:
(a) Receive, apply, pledge, assign and grant
security interests in its project revenues to secure its loan obligations as
provided in NRS 226.700 to 226.832 , inclusive; and
(b) Impose and collect fees, rates, rents,
assessments and other charges of general or special application for the
operation of a qualified project, the system of which the qualified project is
a part and any other revenue producing facilities from which the qualified
borrower derives project revenues to meet its loan obligations under a
financing agreement or to otherwise provide for the development, construction,
repair, improvement, operation, maintenance, decommissioning or ownership of a
qualified project.

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