{"data":{"id":"us-nv/nrs-350.646","jurisdiction":"us-nv","citation":"NRS 350.646","heading":"Repurchase of municipal securities.","body":"Any bonds or other municipal securities may be repurchased by the governing body out of any funds available for such purpose at a price of not more than the principal amount thereof and accrued interest, plus the amount of the premium, if any, which might on the next prior redemption date of such securities be paid to the holders thereof if such securities should be called for redemption on such date pursuant to their terms, and all securities so repurchased shall be cancelled; but if the securities may not be called for prior redemption at the municipality’s option within 1 year from the date of their purchase, they may be repurchased without limitation as to price.","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#NRS350Sec646","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:37Z","sha256":"2b383ffffebf65756c76751469b7991a3b8f57cd500c6f4904771f594093d80d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-350.644","next":"us-nv/nrs-350.648"},"notice":"GroundRules: Original legal text. Not legal advice."}