Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE31 PUBLIC FINANCIAL ADMINISTRATION |
CHAPTER355. Public Investments |
INVESTMENTS AND LOANS BY LOCAL GOVERNMENTS |
NRS355.177. Investment in own securities or interim warrants prohibited.
Latest version.
- 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.
(Added to NRS by 1969, 1087)