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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 350.586: Securities issued as general obligations constitute outstanding indebtedness.

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Where this section sits in the code
  1. TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS
  2. CHAPTER 350 - MUNICIPAL OBLIGATIONS
  3. LOCAL GOVERNMENT SECURITIES LAW

Any outstanding general obligation bonds, any temporary general obligation bonds to be exchanged for such definitive bonds, and any general obligation interim debentures constitute outstanding indebtedness of the municipality and exhaust the debt-incurring power of the municipality under any statutory debt limitation appertaining thereto.

Collected 2026-09-03T05:51:37Z. Source file · JSON

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