Nevada § 349.130 Deficiencies in Fund made up from State General Fund

Nevada Statutes

§ 349.130 — Deficiencies in Fund made up from State General Fund

Nevada § 349.130

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 349State

CONSOLIDATED BOND INTEREST AND REDEMPTION FUND

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Bluebook

Nev. Rev. Stat. § 349.130 (2026).

Text

The moneys provided for by the terms of NRS 349.080 to 349.140, inclusive, to be paid into the Consolidated Bond Interest and Redemption Fund shall, on all occasions, be applied for the purposes of redemption and interest payments on bonds. If any bonds become due for redemption or any interest thereon becomes due when there is an insufficient sum of money in the Consolidated Bond Interest and Redemption Fund, then any such deficiency forthwith shall be appropriated and paid out of the General Fund of the State.

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The moneys provided for by the terms of NRS 349.080 to 349.140, inclusive, to be paid into the Consolidated Bond Interest and Redemption Fund shall, on all occasions, be applied for the purposes of redemption and interest payments on bonds. If any bonds become due for redemption or any interest thereon becomes due when there is an insufficient sum of money in the Consolidated Bond Interest and Redemption Fund, then any such deficiency forthwith shall be appropriated and paid out of the General Fund of the State.