"Issuer" means a public body which:
1. Executes a certificated public security to evidence its duty to perform a financial agreement represented by the certificated public security;
2. Undertakes to perform a financial agreement if the agreement is an uncertificated public security; or
3. Becomes responsible for or in place of a public body described as an issuer in this section.
(Added to NRS by 1983, 604)