{"data":{"id":"us-nv/nrs-396.850","jurisdiction":"us-nv","citation":"NRS 396.850","heading":"Details of securities provided by resolution.","body":"Except as herein otherwise provided and as otherwise provided in any other act the provisions of which are relevant by express reference herein thereto, any securities issued hereunder must be:\n1. In such form;\n2. Issued in such manner, at, above or below par at such a discount not exceeding 9 percent of the principal amount of the securities, at public or private sale, and at a price which will result in an effective interest rate which does not exceed by more than 3 percent the Index of Revenue Bonds which was most recently published before the bids are received or a negotiated offer is accepted; and\n3. Issued with such recitals, terms, covenants, conditions and other provisions,\nÊ as may be provided by the Board in a resolution authorizing their issuance and in any indenture or other proceedings appertaining thereto.","path":["TITLE 34 — EDUCATION","CHAPTER 396 - NEVADA SYSTEM OF HIGHER EDUCATION","UNIVERSITY SECURITIES LAW"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-396.html#NRS396Sec850","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:39Z","sha256":"897d0cc715716a29c1008363ea79a14fb657e6be4d0f393f09015b9294125919","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-396.8495","next":"us-nv/nrs-396.851"},"notice":"GroundRules: Original legal text. Not legal advice."}