{"data":{"id":"us-nv/nrs-350.5755","jurisdiction":"us-nv","citation":"NRS 350.5755","heading":"Issuance of negotiable notes or bonds to finance restoration of historic structure; maturity; interest.","body":"1. Whenever the governing body of any municipality is authorized to enter into financing for restoration of a historic structure, as provided in NRS 350.575, the governing body may issue, as evidence thereof, negotiable notes or bonds.\n2. The negotiable notes or bonds must:\n(a) Mature not later than 15 years after the date of issuance.\n(b) Bear interest at a rate or rates which do not exceed by more than 3 percent the Index of Twenty Bonds which was most recently published before the bids are received or a negotiated offer is accepted.","path":["TITLE 30 — PUBLIC BORROWING AND OBLIGATIONS","CHAPTER 350 - MUNICIPAL OBLIGATIONS","LOCAL GOVERNMENT SECURITIES LAW"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-350.html#NRS350Sec5755","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"5a59b66051adf10897df673e7c3a51c2c6e2c7fab48d6da8d1afa39eb9260df5","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-350.575","next":"us-nv/nrs-350.576"},"notice":"GroundRules: Original legal text. Not legal advice."}