NRS 350A.050
“Expense of operation and maintenance” defined.


“Expense of operation and maintenance” means any reasonable and necessary current expense of the State for the operation, maintenance or administration of a lending project or of the collection and administration of revenues therefrom. The term includes, without limitation:

1.

Expenses for engineering, auditing, reporting, legal services and other expenses of the State Treasurer which are directly related to the administration of lending projects.

2.

Premiums for fidelity bonds and policies of property and liability insurance pertaining to lending projects, and shares of the premiums of blanket bonds and policies which may be reasonably allocated to lending projects.

3.

Payments to pension, retirement, health insurance and other insurance funds.

4.

Reasonable charges made by any paying agent, commercial bank, credit union, trust company or other depository bank pertaining to any state securities.

5.

Services rendered under the terms of contracts, services of professionally qualified persons, salaries, administrative expenses and the cost of materials, supplies and labor pertaining to the issuance of any state securities, including the expenses of any trustee, receiver or other fiduciary.

6.

Costs incurred in the collection and any refund of revenues from a lending project, including the amount of the refund.

Source: Section 350A.050 — “Expense of operation and maintenance” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-350A.­html#NRS350ASec050.

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

Jun. 24, 2021

§ 350A.050’s source at nv​.us