Title 30

NRS 350.682 Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds. 1. For the purpose of funding any interim debentures, any bonds pledged as collateral security to secure the payment of such interim debentures, upon their surr…

NRS 350.684 Refunding of general and special obligation bonds: Ordinance; trust indenture. Subject to the provisions of NRS 350.674, any general obligation bonds or special obligation bonds of the municipality issued in accordance with the provisions of the Local Government Secur…

NRS 350.686 Calls for prior redemption: Limitations. Nothing contained in the Local Government Securities Law or in any other law of this state shall be construed to permit the governing body to call on behalf of the municipality bonds or other securities outstanding now or any t…

NRS 350.688 Exchange of outstanding securities held by State or its agencies for funding or refunding. Notwithstanding the provisions of NRS 350.686 or of any other law, this state, acting by and through the State Board of Finance, may agree with the governing body to exchange an…

NRS 350.690 Refunding of outstanding securities evidencing long-term loans. Any provision herein concerning the refunding of outstanding bonds includes any outstanding securities evidencing long-term loans to the municipality regardless of whether such securities are designated a…

NRS 350.692 Refunding bonds: Sale or exchange for outstanding bonds; exchange for federal securities. 1. Any bonds issued for refunding purposes may be delivered in exchange for the outstanding bonds being refunded or may be sold in the manner prescribed in NRS 350.105 to 350.195…

NRS 350.694 Conditions for refunding bonds. 1. No bonds may be refunded under this chapter unless the holders thereof voluntarily surrender them for exchange or payment, or unless they either mature or are callable for prior redemption under their terms within 25 years from the d…

NRS 350.696 Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts. 1. Except as herein otherwise provided, the proceeds of refunding bonds shall either be immediately applied to the retirement of the bonds to be refunded or be placed in esc…

NRS 350.698 Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds. 1. Any such escrow or trust shall not necessarily be limited to proceeds of refunding bonds but may include other moneys ava…

NRS 350.700 Refunding bonds payable from taxes or pledged revenues. Refunding bonds may be made payable from any taxes or pledged revenues, or both taxes and such revenues, which might be legally pledged for the payment of the bonds being refunded at the time of the refunding or …

NRS 350.702 Issuance of bonds separately or in combination. Bonds for refunding and bonds for any other purpose or purposes authorized hereby or by any other law may be issued separately or issued in combination in one series or more by the municipality in accordance with the pro…

NRS 350.704 Bonds of abolished municipalities may be refunded. 1. Bonds of any municipality abolished by law may be refunded under the provisions hereof. Whether or not the bonds of the abolished municipality have been assumed by any successor municipality prior to the issuance o…

NRS 350.706 Other statutory provisions applicable to refunding bonds. Except as in NRS 350.684 to 350.704, inclusive, expressly provided or necessarily implied, the relevant provisions elsewhere herein appertaining generally to the issuance of bonds to defray the cost of any proj…

NRS 350.708 Conclusive determination of governing body that statutory limitations have been met. The determination of the governing body that the limitations in the Local Government Securities Law imposed upon the issuance of bonds or upon the issuance of other securities hereund…

NRS 350.710 Bonds and other securities exempt from taxation; exception. 1. Except as otherwise provided in subsection 2, bonds and other securities issued pursuant to the provisions of the Local Government Securities Law, their transfer and the income therefrom must forever be an…

NRS 350.712 Securities issued as general obligations are legal investments for state money. It is legal for the State Board of Finance to invest any permanent state funds or other state funds available for investment in any of the bonds or other securities authorized to be issued…

NRS 350.714 Legal investments for other persons. 1. It is legal for any bank, trust company, banker, savings bank or institution, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance a…

NRS 350.718 Sufficiency of Local Government Securities Law. 1. The Local Government Securities Law, without reference to other statutes of this state, except as herein otherwise expressly provided, shall constitute full authority for the exercise of the incidental powers herein g…

NRS 350.720 Liberal construction. The Local Government Securities Law being necessary to secure the public health, safety, convenience and welfare, shall be liberally construed to effect its purposes. (Added to NRS by 1967, 448) MISCELLANEOUS PROVISIONS

NRS 350.800 Transactions whereby municipality acquires property and another person acquires or retains security interest in that or other property. 1. A transaction whereby a municipality acquires real or personal property and another person acquires or retains a security interes…

NRS 350.810 Purchase of municipal obligations by financial adviser of municipality limited. 1. Except as permitted by this section, no person who for compensation advises a municipality concerning the acquisition of a project to be financed in whole or in part by issuing general …

NRS 350.820 Agreements for exchange of interest rates. 1. A municipality that has issued or proposes to issue municipal securities in the amount of $10,000,000 or more may enter into an agreement for an exchange of interest rates as provided in this section if it finds that such …