Nevada § 349.923 Bonds: Form and terms; sale

Nevada Statutes

§ 349.923 — Bonds: Form and terms; sale

Nevada § 349.923

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 349State

REVENUE BONDS FOR VENTURE CAPITAL

This text of Nevada § 349.923 (Bonds: Form and terms; sale) 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. § 349.923 (2026).

Text

1. The bonds must be authorized by an order of the Director, and must:

(a)Be in the denominations;

(b)Bear the date or dates;

(c)Mature at the time or times, not exceeding 40 years after their respective dates;

(d)Be in the form;

(e)Be executed in the manner;

(f)Carry the registration privileges;

(g)Be payable at the place or places within or without the State; and

(h)Be subject to the terms of redemption, Ê which the order authorizing their issue provides. 2. The bonds may be sold in one or more series at par, or below or above par, in the manner and for the price or prices which the Director determines in his or her discretion. As an incidental expense to any investment to be financed by the bonds, the Director may employ financial and legal consultants in regard to the financing

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1. The bonds must be authorized by an order of the Director, and must:
(a) Be in the denominations;
(b) Bear the date or dates;
(c) Mature at the time or times, not exceeding 40 years after their respective dates;
(d) Be in the form;
(e) Be executed in the manner;
(f) Carry the registration privileges;
(g) Be payable at the place or places within or without the State; and
(h) Be subject to the terms of redemption,
Ê which the order authorizing their issue provides.
2. The bonds may be sold in one or more series at par, or below or above par, in the manner and for the price or prices which the Director determines in his or her discretion. As an incidental expense to any investment to be financed by the bonds, the Director may employ financial and legal consultants in regard to the financing.
3. The bonds are fully negotiable under the terms of the Uniform Commercial Code—Investment Securities.