NRS 350A.170 – State securities: Interest; discount.
The Board shall determine the rate or rates of interest which state securities are to bear. These securities may be sold at par, above par, or below par at a discount determined by the Board. (Added to NRS by 1981, 769)
NRS 350A.180 – Private sale of municipal or revenue securities to State; fees and charges.
A municipality may sell its municipal or revenue securities to the State at a private sale and may pay or obligate itself to pay to the State fees or charges in connection with any lending project. (Added to NRS by 1981, 770; A 1993, 2322)
NRS 350A.190 – Fund for the Municipal Bond Bank: Creation; disposition of revenue.
1. All revenues from lending projects must be deposited in the Fund for the Municipal Bond Bank in the State Treasury, which is hereby created as a special revenue fund. 2. Any revenue from lending projects which is in the Fund must be applied in the following order of priority: (a) Deposited into the Consolidated […]
NRS 350A.200 – Powers additional; applicable procedures for issuing securities; issuance of securities by municipality not authorized.
1. The powers conferred by this chapter are in addition to the powers conferred by any other law. 2. Securities may be issued pursuant to this chapter without regard to any procedure required by law, other than those set forth in this chapter or in the State Securities Law. 3. This chapter does not authorize […]
NRS 350A.210 – Liberal construction.
As the provisions of this chapter are necessary to secure the public health, safety, convenience and welfare, the chapter must be construed liberally to put its provisions into effect. (Added to NRS by 1981, 770)
NRS 350A.152 – Conditions upon issuance of state securities to acquire bonds issued by certain water authorities; acquisition of bonds of certain water authorities does not constitute indebtedness of members; property tax levied by member to pay member’s share of payments due on bonds.
1. Before state securities may be issued pursuant to this chapter for the purpose of acquiring bonds which are issued by a water authority organized as a political subdivision created by cooperative agreement that operates in all or a portion of a county whose population is 700,000 or more: (a) The water authority must obtain […]
NRS 350A.153 – Limitations and conditions upon issuance of state securities to acquire revenue securities; exceptions.
1. This chapter does not confer upon a municipality authority to pledge revenues for the payment of revenue securities. Any such authority must be derived from other law. 2. No state securities may be issued pursuant to this chapter for the purpose of acquiring revenue securities unless the governing body of the municipality issuing the […]
NRS 350A.154 – Revenue security pledged by allocable local revenues not debt of State.
A pledge of allocable local revenues for the payment of a revenue security pursuant to the provisions of this chapter does not cause the revenue security to be a debt of the State. (Added to NRS by 1995, 389)
NRS 350A.155 – Issuance of state securities to refund state securities.
1. The Board may, at the request of the State Treasurer, issue state securities to refund any state securities issued pursuant to this chapter in the manner prescribed by and subject to the limitations of the State Securities Law for refunding. 2. No state securities may be issued pursuant to this section without the concurrence […]
NRS 350A.160 – Judicial confirmation of exemption of specific obligation from State’s debt limit required; legislative declaration.
1. The Board shall not become obligated with respect to a particular lending project unless the Board: (a) Has determined that the lending project is for a purpose related to natural resources and that the obligation to be incurred for the lending project will be exempt from the limitation on state debt set forth in […]