Nevada Chapter 349 — State Obligations
273 sections hosted, reproduced from the official public-domain source.
- NRS 349.005— “Bond question” defined
- NRS 349.010— Submission of proposal to issue bonds at special, primary or general election; limitation on special elections
- NRS 349.013— Publication of notice of election; Secretary of State to certify proposal to county clerks
- NRS 349.015— Contents of sample ballot and notice of election; consolidation with primary or general election
- NRS 349.017— Notice of registration of electors for special election; hours for registration
- NRS 349.020— Ballots: Form
- NRS 349.030— Ballot boxes; mechanical recording devices for voting
- NRS 349.040— Special election: Appointment and duties of inspectors and clerks; election board and precincts
- NRS 349.050— Qualifications of electors; voting by mail
- NRS 349.060— Canvass of votes; certification of results; abstract transmitted by county clerk to Secretary of State
- NRS 349.070— Approval or rejection of bonds: Procedure
- NRS 349.071— Powers of State Board of Finance
- NRS 349.072— State Bond Issuance Account: Creation; appropriations
- NRS 349.073— Issuance of interim debentures to pay for general operations of the State upon certain determinations relating to State General Fund cash balance
- NRS 349.075— Definitions
- NRS 349.076— Maximum rate of interest on securities issued by State
- NRS 349.077— Discounts
- NRS 349.078— Limitation on issuance or sale after date of election
- NRS 349.080— Purpose of NRS 349.080
- NRS 349.090— Creation; records of accounting
- NRS 349.100— Deposits of money in Fund
- NRS 349.110— Payment of principal, interest and administrative expenses for bonds
- NRS 349.120— Legislative appropriations from State General Fund
- NRS 349.130— Deficiencies in Fund made up from State General Fund
- NRS 349.140— Effect of NRS 349.080
- NRS 349.150— Short title
- NRS 349.152— Purpose; supplemental nature
- NRS 349.154— Definitions
- NRS 349.156— “Acquisition” and “acquire” defined
- NRS 349.158— “Chair” and “Chair of the Commission” defined
- NRS 349.160— “Commercial bank” defined
- NRS 349.162— “Commission” defined
- NRS 349.164— “Condemnation” and “condemn” defined
- NRS 349.166— “Controller” defined
- NRS 349.168— “Cost of any project” defined
- NRS 349.169— “Disposal” and “dispose” defined
- NRS 349.170— “Facilities” defined
- NRS 349.172— “Federal Government” defined
- NRS 349.174— “Federal securities” defined
- NRS 349.176— “Governor” defined
- NRS 349.178— “Gross revenues” and “gross pledged revenues” defined
- NRS 349.180— “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined
- NRS 349.182— “Holder” defined
- NRS 349.184— “Improvement” and “improve” defined
- NRS 349.186— “Net revenues” and “net pledged revenues” defined
- NRS 349.188— “Operation and maintenance expenses” defined
- NRS 349.192— “Pledged revenues” defined
- NRS 349.194— “Project” defined
- NRS 349.196— “Secretary” defined
- NRS 349.198— “State securities” and “securities” defined
- NRS 349.200— “State” defined
- NRS 349.202— “Taxation” defined
- NRS 349.204— “Taxes” defined
- NRS 349.206— “Treasurer” defined
- NRS 349.208— “Trust bank” defined
- NRS 349.210— “United States” defined
- NRS 349.212— Powers of State in connection with projects
- NRS 349.213— Power of eminent domain; reimbursement of public utility for removal and relocation
- NRS 349.214— Power of State to become obligated and issue securities for project
- NRS 349.216— Types of securities which may be issued; series
- NRS 349.218— Notes and warrants: Maturity; extension or funding
- NRS 349.220— Temporary bonds: Conditions, terms and provisions; rights and remedies of holder
- NRS 349.222— Resolution authorizing issuance of securities: Description of purposes
- NRS 349.223— Sale of securities as investment to defray anticipated costs of college
- NRS 349.224— General obligations: Types of securities
- NRS 349.225— General obligation bonds subject to review and approval of State Board of Finance; exception
- NRS 349.226— Special obligations: Types of securities
- NRS 349.227— Rates of interest for certain securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement
- NRS 349.228— Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance
- NRS 349.230— Securities issued as general obligations constitute outstanding indebtedness of State; exceptions
- NRS 349.232— Securities issued as special obligations do not constitute outstanding indebtedness of State
- NRS 349.234— Recitals required in state securities
- NRS 349.236— Payment of principal of and interest on general obligation bonds from Consolidated Bond Interest and Redemption Fund
- NRS 349.238— Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds
- NRS 349.240— Time and duration of levy of special tax
- NRS 349.242— Payment from State General Fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of State General Fund
- NRS 349.244— Application of other available money to payment of interest on and principal of securities issued as general obligations
- NRS 349.248— Proceeds of taxes specially appropriated to payment of principal and interest
- NRS 349.250— Payment of state securities not to be secured by encumbrance, mortgage or pledge of State’s property; exception
- NRS 349.251— Agreement for exchange of payments based on interest rates for state securities issued or proposed to be issued by Commission: Conditions; rates of interest; term of agreement; agreement does not constitute outstanding indebtedness of State; limitations on rate of interest on state securities inapplicable; money pledged to debt service of state securities may be used to make payments required by agreement
- NRS 349.252— Recourse against members of Commission and state officers and agents: Acceptance of securities constitutes waiver and release
- NRS 349.254— Covenants in resolution authorizing issuance of special obligations impose no liability against State or its general credit
- NRS 349.256— Faith of State pledged against repeal, amendment or modification of State Securities Law
- NRS 349.260— Details of state securities provided by resolution
- NRS 349.262— Issuance of state securities
- NRS 349.270— Securities sold publicly to be sold to responsible bidder making best bid; equal bids
- NRS 349.274— Recital in securities conclusive evidence of validity and regularity of issuance
- NRS 349.276— Denomination, negotiability and maturity of state securities; rate of interest
- NRS 349.278— Payment of principal, interest and premium when due without further order
- NRS 349.280— Interest coupons
- NRS 349.282— Execution, signing, countersigning and authentication of state securities and coupons
- NRS 349.284— Facsimile signatures and seals
- NRS 349.286— Securities not invalid because signatories cease to fill offices
- NRS 349.288— Adoption of facsimile signature of predecessor in office
- NRS 349.290— Redemption before maturity
- NRS 349.292— Repurchase of state securities
- NRS 349.294— Use of money received from issuance of state securities
- NRS 349.296— Disposition of unexpended balance of proceeds after completion of project
- NRS 349.298— Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds
- NRS 349.300— Special funds and accounts: Creation; purposes
- NRS 349.302— Employment of legal and other expert services; contracts for sale and other purposes
- NRS 349.303— Delegation of power of Commission to sign contracts or accept binding bids for purchase of bonds; establishment of certain requirements and approval of certain terms by Commission for purchase of bonds
- NRS 349.304— Investment and reinvestment of revenues and proceeds of taxes and securities in federal securities or certain money market mutual funds
- NRS 349.306— Covenants and other provisions in state securities
- NRS 349.308— Pledged revenues received or credited subject to immediate lien; priority and validity of lien
- NRS 349.310— Rights and powers of holders of state securities and trustees
- NRS 349.312— Receivers: Appointment; powers and duties
- NRS 349.314— Rights and remedies cumulative
- NRS 349.316— Failure of holder to proceed does not relieve State, Commission and officers, agents and employees of State of liability for nonperformance of duties
- NRS 349.318— Interim debentures: Issuance for general or special obligations; form; additional security
- NRS 349.320— Issuance of state securities constituting debt to fund or refund special obligations not constituting indebtedness: Conditions; restrictions
- NRS 349.322— Interim debentures: Maturity; uses of proceeds; issuance
- NRS 349.324— Interim debentures: Security for payment
- NRS 349.326— Interim debentures: Extension and funding
- NRS 349.328— Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds
- NRS 349.330— Refunding of general and special obligation bonds: Resolution; trust indenture
- NRS 349.332— Calls for prior redemption: Limitations
- NRS 349.334— Exchange of outstanding securities held by State or its agencies for funding or refunding
- NRS 349.336— Refunding of outstanding securities evidencing long-term loans
- NRS 349.338— Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale
- NRS 349.340— Conditions for refunding bonds
- NRS 349.342— Refunding bonds: Disposition of proceeds; accrued interest and premium; costs; escrow; trusts
- NRS 349.344— Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds
- NRS 349.346— Refunding bonds payable from taxes or pledged revenues
- NRS 349.348— Issuance of bonds separately or in combination
- NRS 349.350— Other statutory provisions applicable to refunding bonds
- NRS 349.352— Conclusive determination of Commission that statutory limitations have been met
- NRS 349.354— Bonds and other securities exempt from taxation; exceptions
- NRS 349.356— Securities issued as general obligations are legal investments for state money
- NRS 349.358— Legal investments for other persons
- NRS 349.362— Sufficiency of State Securities Law
- NRS 349.364— Liberal construction
- NRS 349.400— Definitions
- NRS 349.405— “Biomass” defined
- NRS 349.410— “Board” defined
- NRS 349.420— “Bonds” and “revenue bonds” defined
- NRS 349.425— “Corporation for public benefit” defined
- NRS 349.430— “Cost of a project” defined
- NRS 349.440— “Director” defined
- NRS 349.450— “Expense of operation and maintenance” defined
- NRS 349.460— “Finance” and “financing” defined
- NRS 349.470— “Financing agreement” defined
- NRS 349.475— “Fuel cell” defined
- NRS 349.480— “Health and care facility” defined
- NRS 349.485— “Historic structure” defined
- NRS 349.490— “Mortgage” defined
- NRS 349.500— “Obligor” defined
- NRS 349.510— “Project” defined
- NRS 349.515— “Renewable energy” defined
- NRS 349.517— “Renewable energy generation project” defined
- NRS 349.520— “Revenues” defined
- NRS 349.530— “Supplemental facility for a health and care facility” defined
- NRS 349.540— “Warehousing” defined
- NRS 349.550— Applicability of definitions contained in county and city economic development revenue bond laws
- NRS 349.555— Exercise of powers for general welfare; liberal construction
- NRS 349.560— Legislative declaration
- NRS 349.565— Restrictions on Director’s powers
- NRS 349.570— General power of Director to issue bonds
- NRS 349.580— Prerequisites to financing project: Findings of Director
- NRS 349.585— Prerequisites to financing project: Approval of Office of Economic Development
- NRS 349.590— Prerequisites to financing project: Additional considerations
- NRS 349.595— Prerequisites to financing costs related to equipment for project; establishment of guidelines
- NRS 349.597— Confidentiality of information concerning obligor
- NRS 349.600— Bonds to be special obligations
- NRS 349.610— Form and terms of bonds; sale; employment of financial and legal consultants
- NRS 349.620— Security
- NRS 349.630— Regulations
- NRS 349.640— Refunding
- NRS 349.650— Limitation of actions
- NRS 349.660— Faith of State pledged against repeal, amendment or modification of NRS 349.400
- NRS 349.670— Sufficiency of NRS 349.400
- NRS 349.700— Legislative declaration
- NRS 349.710— Definitions
- NRS 349.715— “Bonds” defined
- NRS 349.720— “Director” defined
- NRS 349.725— “Exporter” defined
- NRS 349.730— “Guaranteed funding” defined
- NRS 349.735— “Loss” defined
- NRS 349.740— “Participating financial institution” defined
- NRS 349.745— “Program” defined
- NRS 349.750— Director: Administration of provisions; powers; biennial report to State Board of Finance and Legislative Commission
- NRS 349.755— Director: Delegation of duties
- NRS 349.760— Transactions eligible for guaranteed funding: Criteria
- NRS 349.765— Guaranteed funding provided to participating financial institution: Limitation on amount; finding of Director of necessity for funding; term of and interest on loan to exporter
- NRS 349.770— Investigation of credit available to exporter prerequisite for guaranteed funding
- NRS 349.775— Confidentiality of information concerning exporter
- NRS 349.780— Fees charged to participating financial institution
- NRS 349.785— Agreements excusing payment on guaranteed funding and loan to exporter; fee charged to exporter
- NRS 349.790— Director subrogated to rights of exporter and participating financial institution upon default by exporter
- NRS 349.795— Guarantee: Not general obligation of State; limitation on termination, cancellation or revocation; presumption of validity
- NRS 349.800— Advisory Committee on Financing Exports: Creation; composition; terms of members
- NRS 349.805— Advisory Committee on Financing Exports: Meetings; quorum; officers; rules; compensation and expenses
- NRS 349.810— Advisory Committee on Financing Exports: Powers and duties
- NRS 349.815— Regulations for operation of program
- NRS 349.820— Limitation on personal liability of Director or person acting on his or her behalf
- NRS 349.825— Issuance of revenue bonds: Director required to submit findings to Advisory Committee on Financing Exports and State Board of Finance; approval of State Board of Finance; limitation on amount of bonds
- NRS 349.830— Bonds: Special obligations of State
- NRS 349.835— Bonds: Form and terms; sale
- NRS 349.840— Bonds: Repurchase
- NRS 349.845— Bonds: Refunding
- NRS 349.850— Bonds: Legal investments
- NRS 349.855— Director: Establishment of funds and accounts; investments and deposits
- NRS 349.857— Director: Loans of securities
- NRS 349.860— Insurance
- NRS 349.865— Faith of State pledged against repeal, amendment or modification of NRS 349.700
- NRS 349.870— Sufficiency of NRS 349.700
- NRS 349.900— Legislative declaration
- NRS 349.901— Definitions
- NRS 349.902— “Account for Venture Capital” defined
- NRS 349.903— “Agreement” defined
- NRS 349.904— “Board” defined
- NRS 349.905— “Bonds” and “revenue bonds” defined
- NRS 349.906— “Director” defined
- NRS 349.907— “Expense of operation and maintenance” defined
- NRS 349.908— “Fund for the Retirement of Bonds” defined
- NRS 349.909— “Management company” defined
- NRS 349.910— General powers of Director; promotion of funds for venture capital; liberal construction
- NRS 349.911— Limitation on personal liability of Director or person acting on his or her behalf
- NRS 349.912— Director: Selection of management company; agreement; regulations; expenses of operation and maintenance; employees, advisers and consultants
- NRS 349.913— Director: Restriction on operation or management of enterprise
- NRS 349.914— Director: Allocation of proceeds of bonds
- NRS 349.915— Contents of agreement
- NRS 349.916— Objective of investments for Account for Venture Capital
- NRS 349.917— Form of investments of management company; management company to be managed by experienced person
- NRS 349.918— Prerequisites for management company
- NRS 349.919— Issuance of revenue bonds: Director required to submit findings to Board; approval of Board; limitation on amount of bonds
- NRS 349.920— Issuance of bonds: Findings of Director and Board
- NRS 349.921— Bonds: Safety as to repayment of principal and interest; Fund for the Retirement of Bonds; investment of money in Fund
- NRS 349.922— Bonds: Special obligations of State
- NRS 349.923— Bonds: Form and terms; sale
- NRS 349.924— Bonds: Regulations for investment and reinvestment of proceeds and management of proceeds by banks or trust companies
- NRS 349.925— Bonds: Refunding
- NRS 349.926— Limitation of actions
- NRS 349.927— Faith of State pledged against repeal, amendment or modification of NRS 349.900
- NRS 349.928— Sufficiency of NRS 349.900
- NRS 349.929— Account for Venture Capital to be entrusted to management company; proceeds of bonds may be entrusted to another management company
- NRS 349.935— Definitions
- NRS 349.936— “Board” defined
- NRS 349.937— “Cost of a water project” defined
- NRS 349.938— “Director” defined
- NRS 349.939— “Expense of operation and maintenance” defined
- NRS 349.940— “Mortgage” defined
- NRS 349.941— “Obligor” defined
- NRS 349.942— “Revenue bonds” defined
- NRS 349.943— “State securities” defined
- NRS 349.944— “Tax” defined
- NRS 349.945— “Water project” defined
- NRS 349.946— General powers of Director; adoption of regulations by State Environmental Commission
- NRS 349.947— Liberal construction
- NRS 349.948— Prerequisites for financing water projects
- NRS 349.949— Forms and terms of bonds; sale; employment of financial and legal consultants
- NRS 349.950— Issuance of state securities or revenue bonds: Limitation on amount; payment; legislative declaration
- NRS 349.951— Director may charge fee against obligor; use of proceeds
- NRS 349.952— Account for the Financing of Water Projects: Deposits; application of revenue; investment of money from revenue bonds
- NRS 349.953— Refunding
- NRS 349.954— Limitation of actions
- NRS 349.955— Faith of State pledged against repeal, amendment or modification of NRS 349.935
- NRS 349.956— Exemption of water projects from requirements of other statutes; exception for statutes relating to employment of persons to work on construction projects
- NRS 349.957— Board for Financing Water Projects: Creation; members
- NRS 349.958— Board for Financing Water Projects: Compensation of members
- NRS 349.959— Board for Financing Water Projects: Election of Chair; meetings
- NRS 349.960— State Engineer may advise Board; State Engineer and Director may assist in preparation of preliminary plan
- NRS 349.961— Water projects: Preliminary plan; approval
- NRS 349.980— Definitions
- NRS 349.981— Program to provide grants for water conservation and capital improvements to certain water systems; Board for Financing Water Projects to determine recipients of grants; applicability to certain recipients of provisions governing public works
- NRS 349.982— Powers and duties of Board for Financing Water Projects: Administration of program; adoption of regulations; use of money in Fund to defray certain costs and expenses; imposition of administrative fee
- NRS 349.983— Purveyors of water that are eligible to receive grants; preference for smaller systems; matching money from other sources
- NRS 349.984— Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Creation; use; payment of claims
- NRS 349.985— Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Deposit of money; interest and income credited to Fund
- NRS 349.986— General obligation bonds
- NRS 349.987— Applicability of State Securities Law and certain provisions governing financing of water projects
- NRS 349.1695— “Equip” and “equipment” defined
- NRS 349.2275— Variable rates of interest: Exemption from limitations; conclusive findings of Commission that procedure for determination of rates is reasonable