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.080 – “Municipality” defined.
“Municipality” means any county, city, town, wastewater authority, flood management authority, water authority organized as a political subdivision created by cooperative agreement, school district, general improvement district or other district, including an irrigation district. (Added to NRS by 1981, 768; A 1997, 165; 2005, 184; 2009, 2743)
NRS 350A.090 – “Purpose related to natural resources” defined.
“Purpose related to natural resources” means a purpose necessary, expedient or advisable for the protection and preservation of any property or natural resources of the State, or for obtaining the benefits thereof, including without limitation water projects, sewer projects, projects to protect and preserve the natural resources and property of the State from floods and […]
NRS 350A.095 – “Revenue securities” defined.
“Revenue securities” means notes, warrants, interim debentures, bonds and temporary bonds validly issued by a municipality as obligations for a purpose related to any undertaking which the municipality is authorized to complete and which are payable from: 1. The revenues of one or more such undertakings; 2. Taxes levied by or on behalf of the […]
NRS 350A.100 – “Revenues of a lending project” defined.
“Revenues of a lending project” means any money, except the proceeds of taxes levied by the State, received by the State Treasurer from or in respect to any lending project, including without limitation: 1. Money derived from any source of revenue connected with a lending project, including without limitation payments by a municipality of the […]