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“Issuer” means a public body which:

1. Executes a certificated public security to evidence its duty to perform a financial agreement represented by the certificated public security;

2. Undertakes to perform a financial agreement if the agreement is an uncertificated public security; or

3. Becomes responsible for or in place of a public body described as an issuer in this section.

(Added to NRS by 1983, 604)