NRS 350A.070 – “Municipal securities” defined.
“Municipal securities” means notes, warrants, interim debentures, bonds and temporary bonds validly issued as obligations for a purpose related to natural resources which are payable: 1. From taxes whether or not additionally secured by any municipal revenues available therefor; 2. For bonds issued by an irrigation district, from assessments against real property; 3. For bonds […]
NRS 350A.010 – Legislative findings.
The Legislature finds that: 1. It is in the public interest to foster and promote the protection and preservation of the property and natural resources of the State of Nevada, and to obtain the benefits thereof, and that the State should encourage and assist municipalities in undertaking local projects for such purposes by making loans […]
NRS 350A.020 – Definitions.
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 350A.025 to 350A.125, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1981, 767; A 1993, 2318; 2005, 184; 2009, 2742)
NRS 350A.025 – “Allocable local revenues” defined.
“Allocable local revenues” means amounts received by the State which are payable to a municipality and which are designated as allocable by the municipality in the instrument authorizing the revenue security with respect to a particular lending project. (Added to NRS by 1993, 2316; A 1995, 389)
NRS 350A.030 – “Board” defined.
“Board” means the State Board of Finance. (Added to NRS by 1981, 767; A 1997, 3012)
NRS 350A.040 – “Cost of a lending project” defined.
“Cost of a lending project” means all or any designated part of the cost of any lending project, including any incidental cost pertaining to such a project. The cost of a lending project may include, without limitation, the costs of: 1. Surveys, audits, preliminary plans, other plans, specifications, estimates and other costs of preparations. 2. […]
NRS 350A.050 – “Expense of operation and maintenance” defined.
“Expense of operation and maintenance” means any reasonable and necessary current expense of the State for the operation, maintenance or administration of a lending project or of the collection and administration of revenues therefrom. The term includes, without limitation: 1. Expenses for engineering, auditing, reporting, legal services and other expenses of the State Treasurer which […]
NRS 350A.055 – “Flood management authority” defined.
“Flood management authority” means any entity that is created by cooperative agreement pursuant to chapter 277 of NRS, the functions of which include the acquisition, construction, improvement, operation and maintenance of a flood management project. (Added to NRS by 2009, 2742)
NRS 350A.060 – “Lending project” defined.
“Lending project” means any undertaking which the State is authorized to complete in connection with loans to municipalities made by the purchase of: 1. Municipal securities validly issued for a purpose related to natural resources; or 2. Revenue securities validly issued for a purpose related to any undertaking which a municipality is authorized to complete. […]