Home/Nevada/Statutes/Title 30: PUBLIC BORROWING AND OBLIGATIONS/Ch. 350: Municipal/: LOCAL GOVERNMENT SECURITIES LAW/§ 350.640
Nevada Statutes

§ 350.640 — Securities not invalid because signatories cease to fill offices

Nevada § 350.640
JurisdictionNevada
Title 30PUBLIC BORROWING AND OBLIGATIONS
Ch. 350Municipal
LOCAL GOVERNMENT SECURITIES LAW

This text of Nevada § 350.640 (Securities not invalid because signatories cease to fill offices) 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. § 350.640 (2026).

Text

The bonds, any coupons appertaining thereto and other securities, bearing the signatures of the officers in office at the time of the signing thereof, shall be the valid and binding obligations of the municipality, notwithstanding that before the delivery thereof and payment therefor any or all of the persons whose signatures appear thereon have ceased to fill their respective offices.

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Legislative History

(Added to NRS by 1967, 434 )

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
§ 350.008
Term of installment-purchase agreement
§ 350.009
Regulations
§ 350.011
Definitions
§ 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
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Bluebook (online)
Nevada § 350.640, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/350.640.