Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER350. Municipal Obligations |
INTEREST RATES; DISCOUNTS; LIMITATION ON ISSUANCE OR SALE |
NRS350.201. Definitions.
Latest version.
- As used in NRS 350.201 to 350.2013, inclusive:
1. “Par” means the principal amount of a security plus the accrued interest thereon from the date of the bonds to the date of delivery and full payment.
2. “Political subdivision” includes without limitation a county, city, town, school district or special district.
3. “Security” means a bond or other evidence of indebtedness.
(Added to NRS by 1967, 219)