NRS 349.077
Discounts.


Except as otherwise provided by a specific statute, securities issued by the State may be sold at par, above par or below par at a discount of not more than 9 percent of the principal amount, but the effective interest rate must not exceed the limit provided in NRS 349.076.

Source: Section 349.077 — Discounts., https://www.­leg.­state.­nv.­us/NRS/NRS-349.­html#NRS349Sec077 (accessed May 26, 2025).

Verified

May 26, 2025

§ 349.077. Discounts.'s source at nv​.us