Nevada Statutes
§ 350.588 — Securities issued as special obligations do not constitute outstanding indebtedness
Nevada § 350.588
JurisdictionNevada
Title 30PUBLIC BORROWING AND OBLIGATIONS
Ch. 350Municipal
LOCAL GOVERNMENT SECURITIES LAW
This text of Nevada § 350.588 (Securities issued as special obligations do not 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. § 350.588 (2026).
Text
Any other municipal securities (except general obligation notes and general obligation warrants) constitute special obligations of the municipality, and all such other securities (including all notes and warrants, general obligations or special obligations, payable within 1 year from date) do not constitute outstanding indebtedness of the municipality nor exhaust its debt-incurring power under any such debt limitation.
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Legislative History
(Added to NRS by 1967, 428 )
Nearby Sections
15
§ 350.0015
Definitions§ 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§ 350.009
Regulations§ 350.011
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Nevada § 350.588, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/350.588.