NRS 350.718 – Sufficiency of Local Government Securities Law.
1. The Local Government Securities Law, without reference to other statutes of this state, except as herein otherwise expressly provided, shall constitute full authority for the exercise of the incidental powers herein granted concerning the borrowing of money and any other incurrence of obligations to defray wholly or in part the cost of any project […]
NRS 350.720 – Liberal construction.
The Local Government Securities Law being necessary to secure the public health, safety, convenience and welfare, shall be liberally construed to effect its purposes. (Added to NRS by 1967, 448)
NRS 350.800 – Transactions whereby municipality acquires property and another person acquires or retains security interest in that or other property.
1. A transaction whereby a municipality acquires real or personal property and another person acquires or retains a security interest in that or other property creates a general obligation of the municipality which must be counted against any limit upon its debt unless: (a) The obligation by its terms is extinguished by failure of the […]
NRS 350.810 – Purchase of municipal obligations by financial adviser of municipality limited.
1. Except as permitted by this section, no person who for compensation advises a municipality concerning the acquisition of a project to be financed in whole or in part by issuing general or special obligations of the municipality, or concerning the issuance or sale of those obligations, may purchase any of them from the municipality. […]
NRS 350.704 – Bonds of abolished municipalities may be refunded.
1. Bonds of any municipality abolished by law may be refunded under the provisions hereof. Whether or not the bonds of the abolished municipality have been assumed by any successor municipality prior to the issuance of the refunding bonds, the refunding bonds must be authorized by the governing body of each successor municipality in which […]
NRS 350.706 – Other statutory provisions applicable to refunding bonds.
Except as in NRS 350.684 to 350.704, inclusive, expressly provided or necessarily implied, the relevant provisions elsewhere herein appertaining generally to the issuance of bonds to defray the cost of any project shall be equally applicable in the authorization and issuance of refunding bonds, including their terms and security, the covenants and other provisions of […]
NRS 350.684 – Refunding of general and special obligation bonds: Ordinance; trust indenture.
Subject to the provisions of NRS 350.674, any general obligation bonds or special obligation bonds of the municipality issued in accordance with the provisions of the Local Government Securities Law or any other act and payable from any pledged revenues and any general obligation bonds of the municipality so issued but not payable from pledged […]
NRS 350.686 – Calls for prior redemption: Limitations.
Nothing contained in the Local Government Securities Law or in any other law of this state shall be construed to permit the governing body to call on behalf of the municipality bonds or other securities outstanding now or any time after April 12, 1967, for prior redemption in order to fund or refund such securities […]
NRS 350.688 – Exchange of outstanding securities held by State or its agencies for funding or refunding.
Notwithstanding the provisions of NRS 350.686 or of any other law, this state, acting by and through the State Board of Finance, may agree with the governing body to exchange any outstanding bonds or other securities issued by the municipality and held by the State, or any agency, corporation, department or other instrumentality of the […]
NRS 350.690 – Refunding of outstanding securities evidencing long-term loans.
Any provision herein concerning the refunding of outstanding bonds includes any outstanding securities evidencing long-term loans to the municipality regardless of whether such securities are designated as bonds, certificates, single certificates or otherwise. (Added to NRS by 1967, 443)