1. The Local Government Pooled Long-Term Investment Account is hereby created. The Account must be administered by the State Treasurer. 2. All of the provisions of NRS 355.167 apply to the Local Government Pooled Long-Term Investment Account. 3. In addition to the investments which are permissible pursuant to subsection 3 of NRS 355.167, the Treasurer […]
1. The Local Government Pooled Investment Fund is hereby created as an agency fund to be administered by the State Treasurer. 2. Any local government, as defined in NRS 354.474, may deposit its money with the State Treasurer for credit to the Fund for purposes of investment. 3. The State Treasurer may invest the money […]
1. Except as otherwise provided in this section or by statute or contract regarding money from a particular source, the county treasurer of any county may pool, for purposes of investment, any money held by him or her for local governments, as defined in NRS 354.474, which the county treasurer is otherwise authorized by statute […]
1. If an investment of the money of a county or other local government is made by the county treasurer, whether separately or through a pooling arrangement as provided in NRS 355.168, the county may, on behalf of that local government, take any lawful action necessary to recover the money invested if: (a) The principal […]
1. Except as otherwise provided in this section and NRS 354.750 and 355.171, the governing body of a local government or an administrative entity established pursuant to NRS 277.080 to 277.180, inclusive, that is not a local government may purchase for investment the following securities and no others: (a) Bonds and debentures of the United […]
1. Except as otherwise provided in this section, the governing body of a local government or an administrative entity established pursuant to NRS 277.080 to 277.180, inclusive, that is not a local government may purchase for investment: (a) Notes, bonds and other unconditional obligations for the payment of money issued by corporations organized and operating […]
1. Except as otherwise provided in NRS 355.178, any securities purchased as an investment of money by or on behalf of a local government, as defined in NRS 354.474, must remain in the possession of the county treasurer, the appropriate officer of that local government or a qualified bank or trust, throughout the period of […]
1. The governing body of any local government or agency, whether or not it is included in the provisions of chapter 354 of NRS, may: (a) Direct its treasurer or other appropriate officer to invest its money or any part thereof in any investment which is lawful for a local government pursuant to NRS 355.170; […]
Any money held by a local government pursuant to a deferred compensation plan may be invested in the types of investments set forth in paragraphs (a) to (h), inclusive, of subsection 1 of NRS 355.170 and may additionally be invested in corporate stocks, bonds and securities, mutual funds, savings and loan or savings bank accounts, […]
No governing body of any local government or agency, as defined in NRS 354.474, may invest any of its moneys, or any part thereof, in: 1. Its own securities of any kind. 2. Interim warrants from any source. (Added to NRS by 1969, 1087)
1. The governing body of a city whose population is 220,000 or more or a county whose population is 100,000 or more may lend securities from its investment portfolio if: (a) The investment portfolio has a value of at least $100,000,000; (b) The treasurer of the city or county: (1) Establishes a policy for investment […]
