PocketLaw
Home
Catalog
Law Online
Teams
Our Free Mobile App
Municipal Obligations
Law
Nevada Revised Statutes
Municipal Obligations
Checkout our iOS App for a better way to browser and research.
Section
350.007
"Medium-term obligation" defined.
Section
350.008
Term of installment-purchase agreement.
Section
350.009
Regulations.
Section
350.0015
Definitions.
Section
350.0045
"General obligation debt" defined.
Section
350.0055
"Installment-purchase agreement" defined.
Section
350.0065
"Local government" defined.
Section
350.0075
"Special obligation" defined.
Section
350.011
Definitions. [Effective through June 30, 2021.]
Section
350.011
Definitions. [Effective July 1, 2021.]
Section
350.012
Meetings; officers; removal of member; quorum; compensation.
Section
350.013
Municipalities to submit annually statement of current and contemplated general obligation debt and special elective taxes, statement of debt management policy, plan for capital improvement or alternate statement and certain information regarding chief financial officer; update of information; exceptions.
Section
350.014
Approval or notification of commission required for certain proposals.
Section
350.015
Criteria for approval or disapproval of certain proposals; requests for information; use of money received from sale of general obligation debt or from special elective tax.
Section
350.016
Evaluation of proposal: Power of commission to employ consultants; costs.
Section
350.020
Use of general obligation only for stated purpose; submission to electors of proposal to issue general obligations; restrictions on special elections; issuance of general obligations secured by pledge of revenues and issuance of special or medium-term obligations without election; issuance of certain general obligation bonds by board of trustees of school district.
Section
350.021
Proposal may be combined on ballot with proposal to levy tax ad valorem for related purpose.
Section
350.022
Notice of election on proposal to issue general obligations: Publication.
Section
350.024
Contents of ballot question, sample ballot and notice of election on proposal to issue general obligations; consolidation of election with general, primary or municipal election; publication of notice of close of registration for special election.
Section
350.027
Sample ballot and notice of election on proposal to issue bonds or other securities to contain estimate of annual cost to operate, maintain and repair improvements to be constructed or acquired with proceeds of bonds or other securities.
Section
350.030
Election on proposal to issue general obligations: Expenses; ballots; validity of proposal; applicability of general election laws.
Section
350.070
Approval or disapproval by electors of proposal to issue general obligations: Procedure; validity of result.
Section
350.087
Resolution authorizing medium-term obligation or installment-purchase agreement: Adoption; contents; notice.
Section
350.089
Approval of resolution for medium-term obligation or installment-purchase agreement by Executive Director of Department of Taxation; appeal to Nevada Tax Commission.
Section
350.091
Governing body to update plan for capital improvement under certain circumstances; issuance and terms of evidence of medium-term obligation or installment-purchase agreement; regulations; applicability of prevailing wage requirements to certain lease-purchase or installment-purchase agreements.
Section
350.093
Limitations on transfer of money for medium-term obligation; refund of transfer.
Section
350.095
Levy of special tax; transfer of money remaining in fund.
Section
350.0115
Creation; composition; selection and terms of members; interest in securities issued by State or political subdivision prohibited; vacancies.
Section
350.0125
Technical assistance provided by Department of Taxation or board of county commissioners to carry out duties of commission.
Section
350.0135
Proposal resulting in increase of rate of property taxes: Determination and notification of affected governmental entities by municipality; approval or objection by affected governmental entity; notification of commission of objection; resolution of conflict by commission; establishment of related methods and procedures by commission; exception.
Section
350.0145
Notice and submission of statement of certain proposals to commission; procedure for approval or disapproval.
Section
350.0155
Commission to specify percentage of limitation on total ad valorem tax levy and establish priorities among essential and nonessential facilities and services for purposes of NRS 350.015.
Section
350.0165
Applicability of NRS 350.011 to 350.0165, inclusive.
Section
350.0201
Additional 10-year period for issuance of certain general obligation bonds by board of trustees of school district.
Section
350.0205
Committee on Local Government Finance to provide forms for submitting ballot question and examples of past ballot questions for issuance or incurrence of general obligations.
Section
350.105
Definitions.
Section
350.115
"Bond" defined.
Section
350.125
"Competitive bid" defined.
Section
350.135
"Financial adviser" defined.
Section
350.145
"Negotiated sale" defined.
Section
350.155
Sale by competitive bid: Requirements; exceptions; contents of certificate required for certain bonds; filing and approval of certificate; publication of invitation for competitive bids.
Section
350.165
Delegation of authority to sign contract to purchase or accept binding bid for bonds; approval of certain terms by governing body required.
Section
350.175
Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter.
Section
350.185
Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure.
Section
350.195
Financial adviser: Prohibited acts.
Section
350.201
Definitions.
Section
350.202
County ordinance may provide for service of bonded indebtedness for general obligations through single debt service fund; consolidated levy of taxes.
Section
350.204
Merger of sinking and other debt service funds into single fund.
Section
350.206
Sufficiency of levy of taxes.
Section
350.208
Obligation of bond not impaired.
Section
350.350
Short title.
Section
350.360
Definitions.
Section
350.370
Additional powers of municipality under NRS 350.350 to 350.490, inclusive.
Section
350.373
Supplemental powers of municipality to prescribe, revise and collect charges; expenses of collection.
Section
350.375
Use of revenues derived from undertaking of municipality.
Section
350.380
Undertaking and issuance of bonds: Procedure.
Section
350.400
Sale of bonds.
Section
350.490
Powers conferred in NRS 350.350 to 350.490, inclusive, additional and supplemental; controlling provisions.
Section
350.495
Willful violation of covenant in securities by member of governing body, officer or agent of municipality unlawful; penalty.
Section
350.500
Short title.
Section
350.502
Purpose; supplemental nature.
Section
350.504
Definitions.
Section
350.506
"Acquisition" and "acquire" defined.
Section
350.508
"Chair" and "chair of the municipality" defined.
Section
350.510
"Clerk" defined.
Section
350.512
"Commercial bank" defined.
Section
350.514
"Condemnation" and "condemn" defined.
Section
350.516
"Cost of any project" defined.
Section
350.517
"Disposal" and "dispose" defined.
Section
350.518
"Facilities" defined.
Section
350.520
"Federal Government" defined.
Section
350.522
"Federal securities" defined.
Section
350.524
"Governing body" defined.
Section
350.526
"Gross revenues" and "gross pledged revenues" defined.
Section
350.528
"Hereby," "herein," "hereinabove," "hereinafter," "hereinbefore," "hereof," "hereto," "hereunder," "heretofore" and "hereafter" defined.
Section
350.530
"Holder" defined.
Section
350.532
"Improvement" and "improve" defined.
Section
350.534
"Municipal" defined.
Section
350.536
"Municipal securities" and "securities" defined.
Section
350.538
"Municipality" defined.
Section
350.540
"Net revenues" and "net pledged revenues" defined.
Section
350.542
"Operation and maintenance expenses" defined.
Section
350.546
"Ordinance" defined.
Section
350.550
"Pledged revenues" defined.
Section
350.552
"Project" defined.
Section
350.554
"Public body" defined.
Section
350.556
"State" defined.
Section
350.558
"Taxation" defined.
Section
350.560
"Taxes" defined.
Section
350.562
"Treasurer" defined.
Section
350.564
"Trust bank" defined.
Section
350.566
"United States" defined.
Section
350.568
Powers of municipality in connection with projects.
Section
350.569
Power of eminent domain; reimbursement of public utility for removal and relocation.
Section
350.570
Power of municipality to become obligated and issue securities for project.
Section
350.572
Types of securities which may be issued; series.
Section
350.573
Sale of right to call for purchase of securities.
Section
350.574
Notes and warrants: Maturity; extension or funding.
Section
350.575
Resolution to finance preservation or restoration of historic structure; approval of Executive Director of Department of Taxation; appeal to Nevada Tax Commission.
Section
350.576
Temporary bonds: Conditions, terms and provisions; holder’s rights and remedies.
Section
350.578
Ordinance authorizing issuance of securities: Description of purposes.
Section
350.579
Emergency ordinances: Adoption; effective date.
Section
350.580
General obligations: Types of securities.
Section
350.582
Special obligations: Types of securities.
Section
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.
Section
350.584
Municipal securities payable from gross revenues: Covenant requiring appropriations to pay operation and maintenance expenses.
Section
350.586
Securities issued as general obligations constitute outstanding indebtedness.
Section
350.588
Securities issued as special obligations do not constitute outstanding indebtedness.
Section
350.590
Recitals required in municipal securities.
Section
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.
Section
350.594
Time and duration of levy of special tax.
Section
350.596
Payment from general fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of general fund.
Section
350.598
Application of other available money to payment of interest on and principal of securities issued as general obligations.
Section
350.602
Proceeds of taxes specially appropriated to payment of principal and interest.
Section
350.604
Payment of municipal securities not to be secured by encumbrance, mortgage or pledge of municipality’s property; exception.
Section
350.606
Recourse against officers and agents of municipality: Acceptance of securities constitutes waiver and release.
Section
350.608
Covenants in ordinance authorizing issuance of special obligations impose no liability against municipality or its general credit.
Section
350.610
Faith of State pledged against repeal, amendment or modification of Local Government Securities Law.
Section
350.614
Details of municipal securities provided by ordinance.
Section
350.616
Sale or issuance of municipal securities.
Section
350.628
Recital in securities conclusive evidence of validity and regularity of issuance.
Section
350.630
Denomination, negotiability and maturity of municipal securities; rate of interest.
Section
350.632
Payment of principal, interest and premium when due without further order.
Section
350.634
Interest coupons.
Section
350.636
Execution, signing and authentication of municipal securities and coupons.
Section
350.638
Facsimile signatures and seals.
Section
350.640
Securities not invalid because signatories cease to fill offices.
Section
350.642
Adoption of facsimile signature of predecessor in office.
Section
350.644
Redemption before maturity.
Section
350.646
Repurchase of municipal securities.
Section
350.648
Use of money received from issuance of municipal securities.
Section
350.650
Disposition of unexpended balance of proceeds after completion of project.
Section
350.652
Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds.
Section
350.654
Special funds and accounts: Creation; purposes.
Section
350.656
Employment of legal and other expert services; contracts for sale and other purposes.
Section
350.658
Investment and reinvestment of revenues and proceeds of taxes and securities in federal securities and certain money market mutual funds.
Section
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.
Section
350.660
Covenants and other provisions in municipal securities.
Section
350.662
Pledged revenues received or credited subject to immediate lien; priority and validity of lien.
Section
350.664
Rights and powers of holders of municipal securities and trustees.
Section
350.666
Receivers: Appointment; powers and duties.
Section
350.668
Rights and remedies cumulative.
Section
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.
Section
350.672
Interim debentures: Issuance for general or special obligations.
Section
350.674
Issuance of municipal securities constituting debt to fund or refund special obligations not constituting indebtedness: Conditions; restrictions.
Section
350.676
Interim debentures: Maturity; use of proceeds; issuance.
Section
350.678
Interim debentures: Security for payment.
Section
350.680
Interim debentures: Extension and funding.
Section
350.682
Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.
Section
350.684
Refunding of general and special obligation bonds: Ordinance; trust indenture.
Section
350.686
Calls for prior redemption: Limitations.
Section
350.688
Exchange of outstanding securities held by State or its agencies for funding or refunding.
Section
350.690
Refunding of outstanding securities evidencing long-term loans.
Section
350.692
Refunding bonds: Sale or exchange for outstanding bonds; exchange for federal securities.
Section
350.694
Conditions for refunding bonds.
Section
350.696
Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts.
Section
350.698
Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
Section
350.700
Refunding bonds payable from taxes or pledged revenues.
Section
350.702
Issuance of bonds separately or in combination.
Section
350.704
Bonds of abolished municipalities may be refunded.
Section
350.706
Other statutory provisions applicable to refunding bonds.
Section
350.708
Conclusive determination of governing body that statutory limitations have been met.
Section
350.710
Bonds and other securities exempt from taxation; exception.
Section
350.712
Securities issued as general obligations are legal investments for state money.
Section
350.714
Legal investments for other persons.
Section
350.718
Sufficiency of Local Government Securities Law.
Section
350.720
Liberal construction.
Section
350.800
Transactions whereby municipality acquires property and another person acquires or retains security interest in that or other property.
Section
350.810
Purchase of municipal obligations by financial adviser of municipality limited.
Section
350.820
Agreements for exchange of interest rates.
Section
350.2011
Maximum rate of interest on securities of political subdivisions.
Section
350.2012
Discounts.
Section
350.2013
Issuance or sale more than 6 years after date of election prohibited; exception.
Section
350.5175
"Equip" and "equipment" defined.
Section
350.5755
Issuance of negotiable notes or bonds to finance restoration of historic structure; maturity; interest.
Section
350.5835
Variable rates of interest: Exemption from limitations; conclusive findings of governing body that procedure for determination of rates is reasonable.