GroundRules
NRS 349.986: General obligation bonds.
Where this section sits in the code
- TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS
- CHAPTER 349 - STATE OBLIGATIONS
- GRANTS FOR CAPITAL IMPROVEMENTS TO PUBLICLY OWNED WATER SYSTEMS
1. The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981. The aggregate principal amount of such bonds outstanding at any one time may not exceed $125,000,000.
2. The net proceeds from the sale of the bonds must be deposited in the Fund.
3. The bonds must be redeemed through the Consolidated Bond Interest and Redemption Fund.
Collected 2026-09-03T05:51:37Z. Source file · JSON