Nevada Code § 318.160

Acquisition and disposal of and encumbrances on property
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Except as otherwise provided in NRS 318.512 to 318.5126 , inclusive, the board shall have
the power to acquire, dispose of and encumber real and personal property, and
any interest therein, including leases, easements, and revenues derived from
the operation thereof. The constitutional and inherent powers of the
legislature are hereby delegated to the board for the acquisition, disposal and
encumbrance of property; but the board shall in no case receive title to
property already devoted to public purpose or use, except with the consent of
the owners of such property, and except upon approval of a majority of the
board.

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