{"data":{"id":"us-nv/nrs-350.586","jurisdiction":"us-nv","citation":"NRS 350.586","heading":"Securities issued as general obligations constitute outstanding indebtedness.","body":"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.","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#NRS350Sec586","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"2d37d7f7a175861ce403e272b82ced009aae45e667bedbaee087fba200a291a9","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-350.584","next":"us-nv/nrs-350.588"},"notice":"GroundRules: Original legal text. Not legal advice."}