NRS 355.177

Investment in own securities or interim warrants prohibited

(Added to NRS by 1969, 1087)

No governing body of any local government or agency, as defined in NRS 354.474, may invest any of its moneys, or any part thereof, in:

1. Its own securities of any kind.

2. Interim warrants from any source.

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