NRS 350A.070
“Municipal securities” defined.

“Municipal securities” means notes, warrants, interim debentures, bonds and temporary bonds validly issued as obligations for a purpose related to natural resources which are payable:

1.

From taxes whether or not additionally secured by any municipal revenues available therefor;

2.

For bonds issued by an irrigation district, from assessments against real property;

3.

For bonds issued by a water authority organized as a political subdivision created by cooperative agreement, from revenues of the water system of the water authority or one or more of the water purveyors who are members of the water authority or any combination thereof;

4.

For bonds issued by a wastewater authority, from revenues of the water reclamation system of the wastewater authority or one or more of the municipalities that are members of the wastewater authority, or any combination thereof;

5.

For bonds issued by a flood management authority, from revenues of the flood management authority or one or more of the municipalities that are members of the flood management authority, or any combination thereof; or

6.

For assessment bonds issued by a municipality under chapter 271 of NRS from assessments against real property.

Source: Section 350A.070 — “Municipal securities” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-350A.­html#NRS350ASec070.

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.070’s source at nv​.us