Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER350. Municipal Obligations |
LOCAL GOVERNMENT SECURITIES LAW |
NRS350.570. Power of municipality to become obligated and issue securities for project.
Latest version.
- 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.
(Added to NRS by 1967, 427)