US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Nevada Revised Statutes » TITLE 31—PUBLIC FINANCIAL ADMINISTRATION » Chapter 355 - Public Investments » INVESTMENTS AND LOANS BY LOCAL GOVERNMENTS AND CERTAIN ADMINISTRATIVE ENTITIES ESTABLISHED BY COOPERATIVE AGREEMENT

NRS 355.165 – Local Government Pooled Long-Term Investment Account: Creation; administration; applicability of NRS 355.167; permissible investments; assessment of costs; computation of interest; establishment of subaccounts.

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 […]

NRS 355.167 – Local Government Pooled Investment Fund: Creation; administration; permissible investments; permissible loans; written request for withdrawal by local government; interest; regulations.

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 […]

NRS 355.168 – Pooling of money of local governments within county for investment.

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 […]

NRS 355.169 – Legal action by county to recover investment; expenses.

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 […]

NRS 355.170 – Authorized investments; disposition of interest.

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 […]

NRS 355.171 – Additional authorized investments; exceptions.

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 […]