GroundRules
NRS 279.652: Issuance of bonds: Use of proceeds; lost or destroyed bonds; extension of time for payment; redemption.
Where this section sits in the code
- TITLE 22 — COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL TRANSPORTATION COMMISSIONS; PLANNING AND ZONING; DEVELOPMENT AND REDEVELOPMENT
- CHAPTER 279 - REDEVELOPMENT OF COMMUNITIES
- FINANCIAL PROVISIONS
An agency may:
1. Covenant as to the bonds to be issued, as to the issuance of such bonds in escrow or otherwise, and as to the use and disposition of the bond proceeds.
2. Provide for the replacement of lost, destroyed or mutilated bonds.
3. Covenant against extending the time for the payment of its bonds or interest.
4. Redeem the bonds, covenant for their redemption, and provide the redemption terms and conditions.
Collected 2026-09-03T05:51:36Z. Source file · JSON