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NRS 349.290

Redemption before maturity

Known as the State Securities Law

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

(Added to NRS by 1967, 784; A 1971, 2113; 1975, 860; 1981, 1401)

The Commission may provide for the redemption of any or all of the bonds or other state securities before maturity, in such order, by lot or otherwise, at such time or times, without or with the payment of such premium or premiums not exceeding 9 percent of the principal amount of each bond or other security so redeemed, and otherwise upon such terms as may be provided by the Commission in the resolution authorizing the issuance of the securities or other instrument appertaining thereto.

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