NRS 350A.110 – “State securities” defined.
“State securities” means notes, warrants, interim debentures, bonds and temporary bonds issued as: 1. General obligations by the State pursuant to this chapter for any lending project which is for a purpose related to natural resources or for a refunding which are payable from taxes, whether or not additionally secured by a pledge of all […]
NRS 350A.120 – “Tax” defined.
“Tax” means: 1. A general (ad valorem) property tax. 2. Any tax or portion thereof to which is attributable the proceeds that are paid into the tax increment account of a tax increment area created by a municipality pursuant to NRS 278C.220. (Added to NRS by 1981, 768; A 2015, 3209)
NRS 350A.125 – “Wastewater authority” defined.
“Wastewater authority” means an entity that is created by cooperative agreement pursuant to chapter 277 of NRS, the functions of which include sanitation and sewerage, the treatment and disposal of wastewater, or the development and reclamation of water resources. (Added to NRS by 2005, 184)
NRS 350A.130 – Loans to municipalities by state purchase of municipal securities authorized.
In order to: 1. Protect and preserve the property and natural resources of the State, and to obtain the benefits thereof; and 2. Assist municipalities in the acquisition, construction and equipping of public improvements, the State Treasurer may make loans to municipalities by purchasing their municipal securities validly issued for a purpose related to natural […]
NRS 350A.140 – Powers of State Treasurer as Administrator of Municipal Bond Bank.
1. The State Treasurer is the Administrator of the Municipal Bond Bank. 2. In his or her capacity as Administrator, the State Treasurer may: (a) Sue and be sued to establish or enforce any right arising out of a lending project or of any state securities issued pursuant to this chapter; (b) Acquire and hold […]
NRS 350A.150 – Limitations and conditions on issuance of certain state securities; applicability of State Securities Law.
1. The Board may, at the request of the State Treasurer, to pay the cost of any lending project, borrow money or otherwise become obligated, and may provide evidence of those obligations by issuing state securities. 2. State securities issued to acquire municipal securities may be outstanding pursuant to this chapter in an aggregate principal […]
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 350.820 – Agreements for exchange of interest rates.
1. A municipality that has issued or proposes to issue municipal securities in the amount of $10,000,000 or more may enter into an agreement for an exchange of interest rates as provided in this section if it finds that such an agreement would be in the best interests of the municipality. 2. A municipality may […]
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)