For the purpose of paying the cost of any project authorized by law (other than the Local Government Securities Law), at any time or from time to time the municipality may borrow money or otherwise become obligated for the project and may evidence any such obligation by the issuance of municipal securities in accordance with the provisions of the Local Government Securities Law, to the extent otherwise authorized by law.
NRS 350.570
Power of municipality to become obligated and issue securities for project
(Added to NRS by 1967, 427)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.