Nevada § 349.270 Securities sold publicly to be sold to responsible bidder making best bid; equal bids

Nevada Statutes

§ 349.270 — Securities sold publicly to be sold to responsible bidder making best bid; equal bids

Nevada § 349.270

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 349State

STATE SECURITIES LAW

This text of Nevada § 349.270 (Securities sold publicly to be sold to responsible bidder making best bid; equal bids) 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. § 349.270 (2026).

Text

1.If securities are sold publicly and subject to the right of the Commission to reject any and all bids, the securities must be sold to the responsible bidder making the best bid.

2.If there are two or more equal bids for the securities and such equal bids are the best bids received and not less than the principal amount of the securities and accrued interest, except for any permitted discount, the Commission shall determine which bid must be accepted.

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

1. If securities are sold publicly and subject to the right of the Commission to reject any and all bids, the securities must be sold to the responsible bidder making the best bid.
2. If there are two or more equal bids for the securities and such equal bids are the best bids received and not less than the principal amount of the securities and accrued interest, except for any permitted discount, the Commission shall determine which bid must be accepted.