NRS 350.2012
Discounts.

Except where the provisions, whenever enacted, of a general or special law or of a special charter otherwise require, securities issued by a political subdivision of this 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 350.2011.

Source: Section 350.2012 — Discounts., https://www.­leg.­state.­nv.­us/NRS/NRS-350.­html#NRS350Sec2012 (accessed May 26, 2025).

May 26, 2025

§ 350.2012. Discounts.'s source at nv​.us