{"data":{"id":"us-nv/nrs-277.0745","jurisdiction":"us-nv","citation":"NRS 277.0745","heading":"Issuance and repayment of revenue securities.","body":"The issuer on behalf of the borrowing local government may issue revenue securities in order to finance a facility. The revenue securities and the interest must be repaid solely from:\n1. The proceeds of the revenue securities and interest earned;\n2. Revenues of any facility financed with the revenue securities;\n3. Repayments of loans to borrowing local governments made with the proceeds of the revenue securities;\n4. Rentals or payments for installment purchases made with respect to facilities financed with revenue securities; and\n5. The proceeds of the sale of any facility financed with the proceeds of the revenue securities or any part of it.\nÊ Repayment may be additionally secured by a mortgage, security interest or other encumbrance on a facility financed with the revenue securities.","path":["TITLE 22 — COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL TRANSPORTATION COMMISSIONS; PLANNING AND ZONING; DEVELOPMENT AND REDEVELOPMENT","CHAPTER 277 - COOPERATIVE AGREEMENTS: STATE, COUNTIES, CITIES, DISTRICTS AND OTHER PUBLIC AGENCIES","COOPERATIVE AGREEMENTS BETWEEN LOCAL GOVERNMENTS FOR FINANCING GOVERNMENTAL FACILITIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-277.html#NRS277Sec0745","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:36Z","sha256":"912346bae75b77ef247391cb08305985486765005192cd451a05dc751ea99927","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-277.074","next":"us-nv/nrs-277.075"},"notice":"GroundRules: Original legal text. Not legal advice."}