GroundRules
NRS 349.077: Discounts.
Where this section sits in the code
- TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS
- CHAPTER 349 - STATE OBLIGATIONS
- INTEREST RATES; DISCOUNTS; LIMITATION ON ISSUANCE
Except as otherwise provided by a specific statute, securities issued by the State may be sold at par, above par or below par at a discount of not more than 9 percent of the principal amount, but the effective interest rate must not exceed the limit provided in NRS 349.076.
Collected 2026-09-03T05:51:37Z. Source file · JSON