NRS 349.150 – Short title.
NRS 349.150 to 349.364, inclusive, may be cited as the State Securities Law. (Added to NRS by 1967, 771; A 1985, 2088; 1993, 2279; 1995, 2237; 1997, 1291, 3012)
NRS 349.152 – Purpose; supplemental nature.
It is the purpose of the State Securities Law to provide a procedure for financing any projects otherwise authorized by law and for the issuance of securities to evidence or reevidence obligations incurred in connection with any projects. The State Securities Law is supplemental in nature, and nothing herein contained shall be construed as authorizing […]
NRS 349.154 – Definitions.
The following terms, defined for all purposes of the State Securities Law and of any act amendatory thereof, supplemental thereto, or relating thereto, and of any instrument or document appertaining thereto, unless the context otherwise requires, have the meanings ascribed to them in NRS 349.156 to 349.210, inclusive. (Added to NRS by 1967, 771)
NRS 349.156 – “Acquisition” and “acquire” defined.
“Acquisition” or “acquire” includes the opening, laying out, establishment, purchase, construction, securing, installation, reconstruction, lease, gift, grant from the Federal Government, this state, any body corporate and politic therein, or any person, the endowment, bequest, devise, condemnation, transfer, assignment, option to purchase, other contract, or other acquirement, or any combination thereof, of any properties pertaining […]
NRS 349.158 – “Chair” and “Chair of the Commission” defined.
“Chair,” or “Chair of the Commission,” or any phrase of similar import, means the de facto or de jure presiding officer of the Commission, or his or her successor in functions, if any. (Added to NRS by 1967, 771)
NRS 349.160 – “Commercial bank” defined.
“Commercial bank” means: 1. A state or national bank or trust company that is a member of the Federal Deposit Insurance Corporation, including, without limitation, a branch of the Federal Reserve Bank. 2. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant […]
NRS 349.162 – “Commission” defined.
“Commission” means the State Board of Finance, any State General Obligation Bond Commission or any other commission, board or other agency of the State which is authorized by law to issue bonds or other securities in the name and on behalf of the State in accordance with the provisions of the State Securities Law, and […]
NRS 349.164 – “Condemnation” and “condemn” defined.
“Condemnation” or “condemn” means the acquisition by the exercise of the power of eminent domain of property for any project, or an interest therein, herein designated. (Added to NRS by 1967, 771; A 1985, 276)
NRS 349.166 – “Controller” defined.
“Controller” means the de facto or de jure State Controller of the State of Nevada, or his or her successor in functions, if any. (Added to NRS by 1967, 772)
NRS 349.168 – “Cost of any project” defined.
“Cost of any project,” or any phrase of similar import, means all or any part designated by the Commission of the cost of any project, or interest therein, which cost at the option of the Commission may include all or any part of the incidental costs pertaining to the project, including without limitation: 1. Preliminary […]
NRS 349.169 – “Disposal” and “dispose” defined.
“Disposal” or “dispose” means the sale, destruction, razing, loan, lease, grant, transfer, assignment, option to sell, other contract, or other disposition, or any combination thereof, of facilities, other property, or any interest therein. (Added to NRS by 1971, 2109)
NRS 349.1695 – “Equip” and “equipment” defined.
“Equip” or “equipment” means the furnishing of all related or appurtenant machinery, furnishings, apparatus, paraphernalia, and other gear, or any combination thereof, pertaining to any project or other property, or any interest therein. (Added to NRS by 1971, 2110)
NRS 349.170 – “Facilities” defined.
“Facilities” means buildings, structures, utilities or other income-producing facilities from the operation of which or in connection with which pledged revenues for the payment of any bonds or other securities issued hereunder are derived, including without limitation any facilities to be acquired with the proceeds of the bonds or securities issued hereunder. (Added to NRS […]
NRS 349.172 – “Federal Government” defined.
“Federal Government” means the United States, or any agency, instrumentality or corporation thereof. (Added to NRS by 1967, 773)
NRS 349.174 – “Federal securities” defined.
“Federal securities” means bills, certificates of indebtedness, notes, bonds or similar securities which are direct obligations of, or the principal and interest of which securities are unconditionally guaranteed by, the United States. (Added to NRS by 1967, 773)
NRS 349.176 – “Governor” defined.
“Governor” means the de facto or de jure Governor of the State of Nevada, or his or her successor in functions, if any. (Added to NRS by 1967, 773)
NRS 349.178 – “Gross revenues” and “gross pledged revenues” defined.
“Gross revenues” or “gross pledged revenues” means all pledged revenues received by the State and pledged wholly or in part for the payment of any state securities issued hereunder. (Added to NRS by 1967, 773)
NRS 349.180 – “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
“Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder” and any similar term refer to the State Securities Law and not solely to the particular portion thereof in which such word is used; “heretofore” means before the adoption of the State Securities Law; and “hereafter” means after the adoption of the State Securities Law. (Added to […]
NRS 349.182 – “Holder” defined.
“Holder,” or any similar term, when used in conjunction with any coupons, any bonds or any other securities, means the person in possession and the apparent owner of the designated item if such obligation is registered for payment to bearer or is not registered, or the term means the registered owner of the designated item […]
NRS 349.184 – “Improvement” and “improve” defined.
“Improvement” or “improve” includes the extension, widening, lengthening, betterment, alteration, reconstruction or other major improvement, or any combination thereof, of any properties pertaining to a project or an interest therein, but does not mean renovation, reconditioning, patching, general maintenance or other minor repair. (Added to NRS by 1967, 774)