Nevada § 315.99856 Notes, bonds and other obligations: Waiver of exemption of interest from federal income taxation; issuance of obligations not exempt from taxation

Nevada Statutes

§ 315.99856 — Notes, bonds and other obligations: Waiver of exemption of interest from federal income taxation; issuance of obligations not exempt from taxation

Nevada § 315.99856

Title 25PUBLIC ORGANIZATIONS FOR COMMUNITY SERVICE

Ch. 315Housing

Financing

This text of Nevada § 315.99856 (Notes, bonds and other obligations: Waiver of exemption of interest from federal income taxation; issuance of obligations not exempt from taxation) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 315.99856 (2026).

Text

The Authority may:

1.Waive, by such means as the Authority deems appropriate, any exemption from federal income taxation of interest on the bonds, notes or other obligations of the Authority provided by 26 U.S.C. §§ 141 to 149, inclusive, and related portions of the Internal Revenue Code or any succeeding code or other federal statute providing a similar exemption; or

2.Issue notes, bonds or other obligations, the interest on which is not exempt from federal income taxation or excluded from gross revenue for the purpose of federal income taxation, if necessary to carry out the purposes of NRS 315.961 to 315.99874 , inclusive.

Free access — add to your briefcase to read the full text and ask questions with AI

The Authority may:
1. Waive, by such means as the Authority deems appropriate, any exemption from federal income taxation of interest on the bonds, notes or other obligations of the Authority provided by 26 U.S.C. §§ 141 to 149, inclusive, and related portions of the Internal Revenue Code or any succeeding code or other federal statute providing a similar exemption; or
2. Issue notes, bonds or other obligations, the interest on which is not exempt from federal income taxation or excluded from gross revenue for the purpose of federal income taxation, if necessary to carry out the purposes of NRS 315.961 to 315.99874 , inclusive.