LOCAL GOVERNMENT SECURITIES LAW  


NRS 350.500. Short title.
NRS 350.502. Purpose; supplemental nature.
NRS 350.504. Definitions.
NRS 350.506. “Acquisition” and “acquire” defined.
NRS 350.508. “Chair” and “chair of the municipality” defined.
NRS 350.510. “Clerk” defined.
NRS 350.512. “Commercial bank” defined.
NRS 350.514. “Condemnation” and “condemn” defined.
NRS 350.516. “Cost of any project” defined.
NRS 350.517. “Disposal” and “dispose” defined.
NRS 350.5175. “Equip” and “equipment” defined.
NRS 350.518. “Facilities” defined.
NRS 350.520. “Federal Government” defined.
NRS 350.522. “Federal securities” defined.
NRS 350.524. “Governing body” defined.
NRS 350.526. “Gross revenues” and “gross pledged revenues” defined.
NRS 350.528. “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
NRS 350.530. “Holder” defined.
NRS 350.532. “Improvement” and “improve” defined.
NRS 350.534. “Municipal” defined.
NRS 350.536. “Municipal securities” and “securities” defined.
NRS 350.538. “Municipality” defined.
NRS 350.540. “Net revenues” and “net pledged revenues” defined.
NRS 350.542. “Operation and maintenance expenses” defined.
NRS 350.544. “Operation and maintenance expenses” limited.
NRS 350.546. “Ordinance” defined.
NRS 350.550. “Pledged revenues” defined.
NRS 350.552. “Project” defined.
NRS 350.554. “Public body” defined.
NRS 350.556. “State” defined.
NRS 350.558. “Taxation” defined.
NRS 350.560. “Taxes” defined.
NRS 350.562. “Treasurer” defined.
NRS 350.564. “Trust bank” defined.
NRS 350.566. “United States” defined.
NRS 350.568. Powers of municipality in connection with projects.
NRS 350.569. Power of eminent domain; reimbursement of public utility for removal and relocation.
NRS 350.570. Power of municipality to become obligated and issue securities for project.
NRS 350.572. Types of securities which may be issued; series.
NRS 350.573. Sale of right to call for purchase of securities.
NRS 350.574. Notes and warrants: Maturity; extension or funding.
NRS 350.575. Resolution to finance preservation or restoration of historic structure; approval of Executive Director of Department of Taxation; appeal to Nevada Tax Commission.
NRS 350.5755. Issuance of negotiable notes or bonds to finance restoration of historic structure; maturity; interest.
NRS 350.576. Temporary bonds: Conditions, terms and provisions; holder’s rights and remedies.
NRS 350.578. Ordinance authorizing issuance of securities: Description of purposes.
NRS 350.579. Emergency ordinances: Adoption; effective date.
NRS 350.580. General obligations: Types of securities.
NRS 350.582. Special obligations: Types of securities.
NRS 350.583. Variable rates of interest for securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement; issuance of securities as commercial paper.
NRS 350.5835. Variable rates of interest: Exemption from limitations; conclusive findings of governing body that procedure for determination of rates is reasonable.
NRS 350.584. Municipal securities payable from gross revenues: Covenant requiring appropriations to pay operation and maintenance expenses.
NRS 350.586. Securities issued as general obligations constitute outstanding indebtedness.
NRS 350.588. Securities issued as special obligations do not constitute outstanding indebtedness.
NRS 350.590. Recitals required in municipal securities.
NRS 350.592. Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds; consolidated debt service fund. [Effective through November 24, 2014, and after that date unless the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]
NRS 350.592. Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds; consolidated debt service fund. [Effective November 25, 2014, if the provisions of Senate Joint Resolution No. 15 (2011) are approved and ratified by the voters at the 2014 General Election.]
NRS 350.594. Time and duration of levy of special tax.
NRS 350.596. Payment from general fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of general fund.
NRS 350.598. Application of other available money to payment of interest on and principal of securities issued as general obligations.
NRS 350.602. Proceeds of taxes specially appropriated to payment of principal and interest.
NRS 350.604. Payment of municipal securities not to be secured by encumbrance, mortgage or pledge of municipality’s property; exception.
NRS 350.606. Recourse against officers and agents of municipality: Acceptance of securities constitutes waiver and release.
NRS 350.608. Covenants in ordinance authorizing issuance of special obligations impose no liability against municipality or its general credit.
NRS 350.610. Faith of State pledged against repeal, amendment or modification of Local Government Securities Law.
NRS 350.614. Details of municipal securities provided by ordinance.
NRS 350.616. Sale or issuance of municipal securities.
NRS 350.628. Recital in securities conclusive evidence of validity and regularity of issuance.
NRS 350.630. Denomination, negotiability and maturity of municipal securities; rate of interest.
NRS 350.632. Payment of principal, interest and premium when due without further order.
NRS 350.634. Interest coupons.
NRS 350.636. Execution, signing and authentication of municipal securities and coupons.
NRS 350.638. Facsimile signatures and seals.
NRS 350.640. Securities not invalid because signatories cease to fill offices.
NRS 350.642. Adoption of facsimile signature of predecessor in office.
NRS 350.644. Redemption before maturity.
NRS 350.646. Repurchase of municipal securities.
NRS 350.648. Use of money received from issuance of municipal securities.
NRS 350.650. Disposition of unexpended balance of proceeds after completion of project.
NRS 350.652. Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds.
NRS 350.654. Special funds and accounts: Creation; purposes.
NRS 350.656. Employment of legal and other expert services; contracts for sale and other purposes.
NRS 350.658. Investment and reinvestment of revenues and proceeds of taxes and securities in federal securities and certain money market mutual funds.
NRS 350.659. Investment and reinvestment of revenues and proceeds of taxes and certain securities in investment contract collateralized with federal securities by governing body in county whose population is 20,000 or more.
NRS 350.660. Covenants and other provisions in municipal securities.
NRS 350.662. Pledged revenues received or credited subject to immediate lien; priority and validity of lien.
NRS 350.664. Rights and powers of holders of municipal securities and trustees.
NRS 350.666. Receivers: Appointment; powers and duties.
NRS 350.668. Rights and remedies cumulative.
NRS 350.670. Failure of holder to proceed does not relieve municipality, governing body and officers, agents and employees of municipality of liability for nonperformance of duties.
NRS 350.672. Interim debentures: Issuance for general or special obligations.
NRS 350.674. Issuance of municipal securities constituting debt to fund or refund special obligations not constituting indebtedness: Conditions; restrictions.
NRS 350.676. Interim debentures: Maturity; use of proceeds; issuance.
NRS 350.678. Interim debentures: Security for payment.
NRS 350.680. Interim debentures: Extension and funding.
NRS 350.682. Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.
NRS 350.684. Refunding of general and special obligation bonds: Ordinance; trust indenture.
NRS 350.686. Calls for prior redemption: Limitations.
NRS 350.688. Exchange of outstanding securities held by State or its agencies for funding or refunding.
NRS 350.690. Refunding of outstanding securities evidencing long-term loans.
NRS 350.692. Refunding bonds: Sale or exchange for outstanding bonds; exchange for federal securities.
NRS 350.694. Conditions for refunding bonds.
NRS 350.696. Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts.
NRS 350.698. Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
NRS 350.700. Refunding bonds payable from taxes or pledged revenues.
NRS 350.702. Issuance of bonds separately or in combination.
NRS 350.704. Bonds of abolished municipalities may be refunded.
NRS 350.706. Other statutory provisions applicable to refunding bonds.
NRS 350.708. Conclusive determination of governing body that statutory limitations have been met.
NRS 350.710. Bonds and other securities exempt from taxation; exception.
NRS 350.712. Securities issued as general obligations are legal investments for state money.
NRS 350.714. Legal investments for other persons.
NRS 350.718. Sufficiency of Local Government Securities Law.
NRS 350.720. Liberal construction.