For the purpose of paying the cost of any project authorized by law (other than the State Securities Law), at any time or from time to time the State may borrow money or otherwise become obligated for the project and may evidence any such obligation by the issuance of state securities in accordance with the provisions of the State Securities Law, to the extent otherwise authorized by law.
NRS 349.214
Power of State to become obligated and issue securities for project
Known as the State Securities Law
The act spans §§ 349–349 (273 sections).
(Added to NRS by 1967, 776)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.