Nevada § 349.228 Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance

Nevada Statutes

§ 349.228 — Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance

Nevada § 349.228

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 349State

STATE SECURITIES LAW

This text of Nevada § 349.228 (Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance) 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. § 349.228 (2026).

Text

Any resolution authorizing the issuance of general obligation state securities payable from gross revenues or any indenture or other proceedings appertaining thereto may contain a covenant of the State that to the extent required, as provided therein, the State will pay operation and maintenance expenses by appropriation from its General Fund and that to the extent the moneys accounted for therein are insufficient for that purpose the State shall levy taxes therefor.

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

Any resolution authorizing the issuance of general obligation state securities payable from gross revenues or any indenture or other proceedings appertaining thereto may contain a covenant of the State that to the extent required, as provided therein, the State will pay operation and maintenance expenses by appropriation from its General Fund and that to the extent the moneys accounted for therein are insufficient for that purpose the State shall levy taxes therefor.