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NRS 349.262

Issuance of state securities

Known as the State Securities Law

The act spans §§ 349–349 (273 sections).

(Added to NRS by 1967, 781; A 1971, 2112; 1973, 559; 1989, 2182)

1. Notwithstanding the provisions of any other law, notes or bonds may be issued at public or private sale.

2. Warrants may be issued to evidence the amount due to any person furnishing services or materials as provided in the State Securities Law.

3. Temporary bonds must be issued to a purchaser of the definitive bonds in anticipation of the exchange of the former for the latter.

4. Interim debentures may be issued at public or private sale.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.