NRS 350.201: Definitions.
Where this section sits in the code
- TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS
- CHAPTER 350 - MUNICIPAL OBLIGATIONS
- INTEREST RATES; DISCOUNTS; LIMITATION ON ISSUANCE OR SALE
As used in NRS 350.201 to 350.2013, inclusive:
1. “Par” means the principal amount of a security plus the accrued interest thereon from the date of the bonds to the date of delivery and full payment.
2. “Political subdivision” includes without limitation a county, city, town, school district or special district.
3. “Security” means a bond or other evidence of indebtedness.
Collected 2026-09-03T05:51:37Z. Source file · JSON