“Allocable local revenues” defined.

NRS 350A.025, under PURCHASE OF MUNICIPAL AND REVENUE SECURITIES BY STATE.

NRS 350A.025

NRS 350A.025 “Allocable local revenues” defined. “Allocable local revenues” means amounts received by the State which are payable to a municipality and which are designated as allocable by the municipality in the instrument authorizing the revenue security with respect to a particular lending project. (Added to NRS by 1993, 2316; A 1995, 389)