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NRS 349.942

“Revenue bonds” defined

Known as the State Securities Law

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

(Added to NRS by 1987, 2274)

“Revenue bonds” means bonds, notes or other securities evidencing a special limited obligation of the State, the principal and interest of which are payable solely out of revenues derived from the financing, leasing or sale of the water project to be financed.

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