NRS 350A.010
Legislative findings.

The Legislature finds that:

1.

It is in the public interest to foster and promote the protection and preservation of the property and natural resources of the State of Nevada, and to obtain the benefits thereof, and that the State should encourage and assist municipalities in undertaking local projects for such purposes by making loans to municipalities which might not be otherwise available or which might be available only at prohibitive interest rates;

2.

The making of such loans and the issuing of state securities therefor as general obligations are necessary, expedient and advisable for the protection and preservation of the property and natural resources of the State of Nevada and for obtaining the benefits thereof; and

3.

Because of market conditions relating to credit and public finance, it is in the public interest to assist municipalities in the acquisition, construction or equipping of public improvements by providing money to municipalities at reasonable rates of interest through the issuance of state securities to finance the acquisition of revenue securities.

Source: Section 350A.010 — Legislative findings., https://www.­leg.­state.­nv.­us/NRS/NRS-350A.­html#NRS350ASec010.

350A.010
Legislative findings. 350A.020
Definitions. 350A.025
“Allocable local revenues” defined. 350A.030
“Board” defined. 350A.040
“Cost of a lending project” defined. 350A.050
“Expense of operation and maintenance” defined. 350A.055
“Flood management authority” defined. 350A.060
“Lending project” defined. 350A.070
“Municipal securities” defined. 350A.080
“Municipality” defined. 350A.090
“Purpose related to natural resources” defined. 350A.095
“Revenue securities” defined. 350A.100
“Revenues of a lending project” defined. 350A.110
“State securities” defined. 350A.120
“Tax” defined. 350A.125
“Wastewater authority” defined. 350A.130
Loans to municipalities by state purchase of municipal securities authorized. 350A.140
Powers of State Treasurer as Administrator of Municipal Bond Bank. 350A.150
Limitations and conditions on issuance of certain state securities 350A.152
Conditions upon issuance of state securities to acquire bonds issued by certain water authorities 350A.153
Limitations and conditions upon issuance of state securities to acquire revenue securities 350A.154
Revenue security pledged by allocable local revenues not debt of State. 350A.155
Issuance of state securities to refund state securities. 350A.160
Judicial confirmation of exemption of specific obligation from State’s debt limit required 350A.170
State securities: Interest 350A.180
Private sale of municipal or revenue securities to State 350A.190
Fund for the Municipal Bond Bank: Creation 350A.200
Powers additional 350A.210
Liberal construction.
Last Updated

Feb. 5, 2021

§ 350A.010’s source at nv​.us