NRS 334.050 – Statutory authorization required for lease, purchase or acquisition of real property.
Unless otherwise provided by law, no state department, division, bureau, commission, board, authority or agency, and no state officer, commissioner, representative of the State, or other state employee acting by, for, or on account of any office, department, board, commission, bureau, agency or institution operating by authority of law, and supported in whole or in […]
NRS 334.060 – Purchase of insurance or establishment of self-insurance reserve or fund to protect public property.
The State and any political subdivision or other governmental entity in this state may insure its property against the risk of damage or destruction, by purchase of a policy of insurance or by establishing a self-insurance reserve or fund, or a combination thereof. (Added to NRS by 1977, 391)
NRS 333A.100 – Indebtedness of State under contract; term of contracts.
1. Notwithstanding any provision of this chapter to the contrary, a performance contract entered into pursuant to this chapter does not create a debt for the purposes of Section 3 of Article 9 of the Nevada Constitution. 2. Except as otherwise provided in this section, the term of a performance contract may extend beyond the […]
NRS 333A.110 – Period over which payments become due.
1. A performance contract must provide that all payments, other than any obligations that become due if the contract is terminated before the contract expires, must be made over time. 2. The period over which payments are made on a performance contract must equal the period over which the operating cost savings are amortized. Payments […]
NRS 333A.120 – Prevailing wage requirement.
If a performance contract entered into pursuant to this chapter requires the employment of skilled mechanics, skilled workers, semiskilled mechanics, semiskilled workers or unskilled labor to perform the performance contract, the performance contract must include a provision relating to the prevailing wage as required pursuant to NRS 338.013 to 338.090, inclusive. The using agency, the […]
NRS 333A.0908 – Refunding of obligations: Disposition of proceeds; incidental costs; accrued interest and premium.
1. Except as otherwise provided in NRS 333A.0906 to 333A.0916, inclusive, the proceeds of refunding obligations issued pursuant to NRS 333A.0906 must be immediately applied to the retirement of the obligations to be refunded or be placed in escrow or trust in any trust bank or trust banks within or without or both within and […]
NRS 333A.091 – Proceeds of refunding obligations in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
1. Any escrow or trust into which the proceeds of refunding obligations are placed pursuant to NRS 333A.0908 must not necessarily be limited to proceeds of refunding obligations but may include other money available for its purpose. 2. Any proceeds of refunding obligations placed in escrow or trust, pending such use, may be invested or […]
NRS 333A.0912 – Issuance of refunding and other obligations separately or in combination.
Obligations for refunding and obligations for any other purpose authorized pursuant to NRS 333A.0906 to 333A.0916, inclusive, or by any other law may be issued separately or issued in combination in one series or more by the State in accordance with the provisions of NRS 333A.0906 to 333A.0916, inclusive. (Added to NRS by 2005, 2900)
NRS 333A.0914 – Other statutory provisions applicable to refunding obligations.
Except as otherwise provided in NRS 333A.0906 to 333A.0916, inclusive, the relevant provisions elsewhere herein appertaining generally to the issuance of obligations to defray the cost of any operating cost-savings measure are equally applicable in the authorization and issuance of refunding obligations, including, without limitation, their terms and security, the covenants and other provisions of […]
NRS 333A.0916 – Conditions for refunding obligations.
1. An obligation may not be refunded pursuant to NRS 333A.0906 to 333A.0916, inclusive, unless the holder of the obligation voluntarily surrenders the obligation for exchange or payment, or unless the obligation matures or is callable for prior redemption under its terms within 25 years after the date of issuance of the refunding obligations. Provision […]