Nevada § 349.986 General obligation bonds

Nevada Statutes

§ 349.986 — General obligation bonds

Nevada § 349.986

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 349State

GRANTS FOR CAPITAL IMPROVEMENTS TO PUBLICLY OWNED WATER SYSTEMS

This text of Nevada § 349.986 (General obligation bonds) 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. § 349.986 (2026).

Text

1.The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981 . The aggregate principal amount of such bonds outstanding at any one time may not exceed $125,000,000.

2.The net proceeds from the sale of the bonds must be deposited in the Fund.

3.The bonds must be redeemed through the Consolidated Bond Interest and Redemption Fund.

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1. The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981 . The aggregate principal amount of such bonds outstanding at any one time may not exceed $125,000,000.
2. The net proceeds from the sale of the bonds must be deposited in the Fund.
3. The bonds must be redeemed through the Consolidated Bond Interest and Redemption Fund.

Legislative History

(Added to NRS by 1991, 1834 ; A 1995, 2239 ; 1997, 1826 ; 1999, 2123 ; 2001, 692 ; 2003, 2503 , 2649 ; 2003, 20th Special Session, 264 , 265 ; 2005, 201 )