Title 30

NRS 348.050 “Authorizing instrument” defined. “Authorizing instrument” means the ordinance, resolution, trust indenture, order or other official action, or any such instrument amendatory thereof or supplemental thereto, or any applicable combination thereof, by which public secur…

NRS 348.060 “Certificated public security” defined. “Certificated public security” means an obligation which: 1. Is issued pursuant to a system of full registration; 2. Is represented by an instrument, and is transferable in the manner described in subsection 1 of NRS 348.110; an…

NRS 348.070 “Facsimile seal” defined. “Facsimile seal” means a reproduction by engraving, imprinting, stamping or other means of the seal of the issuer, official or official body. (Added to NRS by 1983, 603)

NRS 348.080 “Facsimile signature” defined. “Facsimile signature” means a reproduction by engraving, imprinting, stamping or other means of the manual signature of an authorized officer. (Added to NRS by 1983, 604)

NRS 348.090 “Financial agreement” defined. “Financial agreement” means an agreement respecting the payment of the principal of, any prior redemption premium due in connection with, and the interest on a public security. (Added to NRS by 1983, 604)

NRS 348.100 “Financial intermediary” defined. “Financial intermediary” means a commercial bank, trust bank, broker or clearing corporation, or the nominee of any of them, or other person or its nominee, which in the ordinary course of its business maintains accounts relating to p…

NRS 348.110 “Full registered form” and “full registration” defined. “Full registered form” or “full registration” means: 1. With respect to a certificated public security that: (a) The certificated public security specifies a person entitled to the public security or the rights i…

NRS 348.120 “Governing body” defined. “Governing body” means the State Legislature, the State Board of Examiners, any state officer or commission, or other agency or instrumentality of the State authorized to issue public securities in its name and on its behalf, the Board of Reg…

NRS 348.130 “Issue” defined. “Issue” means all public securities constituting the same obligation, whether or not each such security is part of the same class or series. (Added to NRS by 1983, 604)

NRS 348.140 “Issuer” defined. “Issuer” means a public body which: 1. Executes a certificated public security to evidence its duty to perform a financial agreement represented by the certificated public security; 2. Undertakes to perform a financial agreement if the agreement is a…

NRS 348.150 “Obligation” defined. “Obligation” means a financial agreement of an issuer, and includes a share, participation or other interest in such an agreement. (Added to NRS by 1983, 604)

NRS 348.160 “Official actions” defined. “Official actions” means the actions by statute, order, ordinance, resolution, contract or other authorized means by which the official or official body provides for the issuance of a public security. (Added to NRS by 1983, 604)

NRS 348.170 “Official or official body” defined. “Official or official body” means the officer or the governing body that is empowered under the laws of one or more states, including, without limitation, this state, to provide for the original issuance of a public security of the…

NRS 348.180 “Original issuance” defined. “Original issuance” means the first transfer of a public security by an issuer to a purchaser. (Added to NRS by 1983, 605)

NRS 348.190 “Person” defined. “Person” includes a government, a governmental agency and a political subdivision of a government. (Added to NRS by 1983, 605; A 1985, 515)

NRS 348.200 “Public body” defined. “Public body” means this State, the Nevada System of Higher Education, or a city or town, incorporated or unincorporated, county, school district, other public educational institution, other district, authority or other body corporate and politi…

NRS 348.210 “Public security” defined. “Public security” means any note, warrant, interim debenture or bond, including, without limitation, a temporary bond, or other security and comprises either a certificated public security or an uncertificated public security evidencing a lo…

NRS 348.220 “State” defined. “State” means the State of Nevada. (Added to NRS by 1983, 605)

NRS 348.230 “Tax Code” defined. “Tax Code” means the federal Internal Revenue Code of 1954. (Added to NRS by 1983, 605)

NRS 348.240 “Transfer agent” defined. “Transfer agent” means the treasurer or similar official of the issuer, a corporate or other trustee, registrar, paying agent, other corporate agent, or other person acting as an agent, for, among possibly other duties, the transfer and regis…

NRS 348.250 “Uncertificated public security” defined. “Uncertificated public security” means an obligation which: 1. Is issued pursuant to a system of full registration; 2. Is transferable in the manner described in subsection 2 of NRS 348.110; and 3. Is either one of a class or …

NRS 348.260 Substitution of meanings of terms used in chapter for meanings of corresponding terms in supplemental provisions. The meanings of the terms used in this chapter shall be substituted for the meanings of corresponding terms used in other provisions of NRS or special act…

NRS 348.270 Applicability. This chapter applies to public securities issued by any public body pursuant to any general or special act or any charter, including any legislative charter. (Added to NRS by 1983, 605)

NRS 348.280 Construction: Separate grant of powers; supplemental provisions. 1. This chapter as to matters contained therein constitutes an additional and separate grant of powers, and such powers may be exercised without regard to provisions concerning such matters in any other …

NRS 348.290 Construction: Relationship to other law. 1. The powers conferred by this chapter are in addition and supplemental to, and not in substitution for, and the limitations imposed by this chapter do not affect the powers conferred by any other law. 2. No part of this chapt…

NRS 348.300 Limitation on amendment and repeal of chapter. This state hereby covenants that it will not amend or repeal this chapter if the effect is that interest on public securities may as a result thereof be no longer exempt from federal income taxation provided for by the Ta…

NRS 348.310 Determination of governing body. The determination of the governing body authorized or empowered to issue public securities under this chapter and any other provision of NRS or special act must be made in an authorizing instrument pertaining to those securities. (Adde…

NRS 348.320 Election of issuer concerning applicability of chapter. 1. At the election of an issuer, made at any time prior to or at original issuance of a public security, this chapter may be made applicable. When this chapter applies, it is alternative to any provision of law t…

NRS 348.330 Issuer may issue certificated and uncertificated public securities. An issuer may issue either certificated public securities or uncertificated public securities, or both certificated public securities and uncertificated public securities, under this chapter notwithst…

NRS 348.340 Form of securities. Any such public securities may be in full registered form or in bearer form, with or without interest coupons, be subject to conditions for transfer, be subject to provisions for conversion as to denomination or to bearer or to registration for pay…

NRS 348.350 System of full registration. 1. Any system of full registration with respect to an issue of public securities may be: (a) A system pursuant to which only certificated public securities are issued; (b) A system pursuant to which only uncertificated public securities ar…

NRS 348.360 Powers of issuer; priority of liens. 1. An issuer, prior to or at original issuance, may provide as a part of a system of full registration: (a) That the transferor or transferee of the public securities pay all or a designated part of the costs of the system; (b) Tha…

NRS 348.370 Signatures: Requirements. Signatures on any printed certificated public securities, issued in part under this chapter, any other statute or charter, or any combination thereof, may be manually subscribed or be subscribed by one or more facsimile signatures, but any pr…

NRS 348.380 Signatures: Effect if officer ceases to fill his or her office; adoption of predecessor’s signature. 1. Any certificated public security signed by the authorized officers at the time of its signing is not invalid and must not be denied binding effect on the grounds th…

NRS 348.390 Use of facsimile seal on certificated public security. When a seal is required or permitted in the execution of any certificated public security, the authorized officer may cause a facsimile seal to be placed thereon. The facsimile seal has the same legal effect as th…

NRS 348.400 No seal required on uncertificated public security. No manual or facsimile seal is required in connection with any uncertificated public security. (Added to NRS by 1983, 607)

NRS 348.410 Statements describing registrants’ rights. 1. The issuer shall provide, with respect to its uncertificated public securities, for the sending of written statements which provide a record of certain rights as of the time of issuance of the statements. 2. These statemen…

NRS 348.420 Records of transferees and pledgees not subject to inspection or copying as public record; maintenance of records of issuer. 1. Records of the transferees and pledgees of public securities and their addresses are not subject to inspection or copying under any law of t…

NRS 348.430 Appointment of agents by issuer; agreement for establishment and maintenance of central depository system. 1. An issuer may: (a) Appoint for such term as may be agreed, including for so long as an issue may be outstanding, corporate or other authenticating trustees, r…

NRS 348.440 Payment of installments for principal, interest and premiums. Payment of an installment of principal or interest, or both principal and interest, and any premium for prior redemption due at any designated date may be required by any authorizing instrument pertaining t…

NRS 348.450 Acceptance of deposit of public securities as security. Whenever under the laws of the State a deposit of public securities is authorized as security, public securities otherwise meeting the authorized criteria, which are issued under a system of full registration whi…