Nevada § 396.873 Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale

Nevada Statutes

§ 396.873 — Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale

Nevada § 396.873

Title 34EDUCATION

Ch. 396Nevada

UNIVERSITY SECURITIES LAW

This text of Nevada § 396.873 (Refunding bonds: Exchange for outstanding bonds or federal securities; public or private 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. § 396.873 (2026).

Text

1.Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds being refunded or may be publicly or privately sold.

2.The refunding bonds, or any part thereof, may be exchanged by the Board for federal securities which have been made available for escrow investment by any purchaser of refunding bonds, upon terms of exchange mutually agreed upon, and any federal securities so received by the Board shall be placed in escrow as provided in NRS 396.875 and 396.876 .

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1. Any bonds issued for refunding purposes may either be delivered in exchange for the outstanding bonds being refunded or may be publicly or privately sold.
2. The refunding bonds, or any part thereof, may be exchanged by the Board for federal securities which have been made available for escrow investment by any purchaser of refunding bonds, upon terms of exchange mutually agreed upon, and any federal securities so received by the Board shall be placed in escrow as provided in NRS 396.875 and 396.876 .