Nevada Statutes

§ 350.586 — Securities issued as general obligations constitute outstanding indebtedness

Nevada § 350.586

JurisdictionNevada

Title 30PUBLIC BORROWING AND OBLIGATIONS

Ch. 350Municipal

LOCAL GOVERNMENT SECURITIES LAW

This text of Nevada § 350.586 (Securities issued as general obligations constitute outstanding indebtedness) 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. § 350.586 (2026).

Text

Any outstanding general obligation bonds, any temporary general obligation bonds to be exchanged for such definitive bonds, and any general obligation interim debentures constitute outstanding indebtedness of the municipality and exhaust the debt-incurring power of the municipality under any statutory debt limitation appertaining thereto.

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

Legislative History

(Added to NRS by 1967, 428 )

Nearby Sections

15

§ 350.0015

§ 350.0045

“General obligation debt” defined

§ 350.0055

“Installment-purchase agreement” defined

§ 350.0065

“Local government” defined

§ 350.007

“Medium-term obligation” defined

§ 350.0075

“Special obligation” defined

§ 350.008

Term of installment-purchase agreement

§ 350.009

§ 350.011

§ 350.0115

Creation; composition; selection and terms of members; interest in securities issued by State or political subdivision prohibited; vacancies

§ 350.012

Meetings; officers; removal of member; quorum; compensation

§ 350.0125

Technical assistance provided by Department of Taxation or board of county commissioners to carry out duties of commission

§ 350.013

Municipalities to submit annually statement of current and contemplated general obligation debt and special elective taxes, statement of debt management policy, plan for capital improvement or alternate statement and certain information regarding chief financial officer; update of information; exceptions

§ 350.0135

Proposal resulting in increase of rate of property taxes: Determination and notification of affected governmental entities by municipality; approval or objection by affected governmental entity; notification of commission of objection; resolution of conflict by commission; establishment of related methods and procedures by commission; exception

§ 350.014

Approval or notification of commission required for certain proposals

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Nevada § 350.586, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/350.586.