{"data":{"id":"us-nv/nrs-350.007","jurisdiction":"us-nv","citation":"NRS 350.007","heading":"“Medium-term obligation” defined.","body":"“Medium-term obligation” means an obligation to repay borrowed money evidenced by a note or bond which is authorized to be issued pursuant to NRS 350.087 to 350.095, inclusive, and which has a term of 10 years or less. The term does not include an obligation which has a term of less than 1 year and which is payable in full from money appropriated for the same fiscal year that the obligation is incurred.","path":["TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS","CHAPTER 350 - MUNICIPAL OBLIGATIONS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-350.html#NRS350Sec007","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"fd12df6f9c4dbe6af203dec109d876166ea2456ff9eb7edca8180e0c8a35ead3","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-350.0065","next":"us-nv/nrs-350.0075"},"notice":"GroundRules: Original legal text. Not legal advice."}