NRS 350.007
“Medium-term obligation” defined.


“Medium-term obligation” means an obligation to repay borrowed money evidenced by a note or bond which is authorized to be issued pursuant to NRS 350.087 to 350.095, inclusive, and which has a term of 10 years or less. The term does not include an obligation which has a term of less than 1 year and which is payable in full from money appropriated for the same fiscal year that the obligation is incurred.

Source: Section 350.007 — “Medium-term obligation” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-350.­html#NRS350Sec007.

Last Updated

Jun. 24, 2021

§ 350.007’s source at nv​.us