NRS 349.076
Maximum rate of interest on securities issued by State.

Except as otherwise provided by a specific statute, including, without limitation, NRS 99.067, the rate or rates of interest on securities issued by the State must not exceed by more than 3 percent:

1.

For general obligations, the Index of Twenty Bonds; and

2.

For special obligations, the Index of Revenue Bonds,
Ê which was most recently published before the bids are received or a negotiated offer is accepted.

Source: Section 349.076 — Maximum rate of interest on securities issued by State., https://www.­leg.­state.­nv.­us/NRS/NRS-349.­html#NRS349Sec076.

Last Updated

Feb. 5, 2021

§ 349.076’s source at nv​.us