Nevada Revised Statutes 315.320 – Housing authority: Nature; resolution of necessity to function
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1. In each city, town or county of the State there is hereby created a public body corporate and politic to be known as the housing authority of the city, town or county; but such authority shall not transact any business or exercise its powers hereunder until or unless the governing body of the city, town or county, as the case may be, by proper resolution shall declare at any time thereafter that there is need for an authority to function in such city, town or county.
Terms Used In Nevada Revised Statutes 315.320
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- county: includes Carson City. See Nevada Revised Statutes 0.033
2. Such housing authority is hereby created a public body corporate for municipal purposes and shall be a municipal corporation.