Local governments may enter into cooperative agreements for borrowing money to finance facility; contents of agreement.

Checkout our iOS App for a better way to browser and research.

Two or more local governments may enter into cooperative agreements for borrowing money to finance a facility. The agreement must designate the issuer. If the agreement creates a separate legal or administrative entity to administer the borrowing or the proceeds it must specify the composition and powers of the governing body of that entity.

(Added to NRS by 1987, 1620)


Download our app to see the most-to-date content.