NRS 350A.190
Fund for the Municipal Bond Bank: Creation

  • disposition of revenue.

1.

All revenues from lending projects must be deposited in the Fund for the Municipal Bond Bank in the State Treasury, which is hereby created as a special revenue fund.

2.

Any revenue from lending projects which is in the Fund must be applied in the following order of priority:

(a)

Deposited into the Consolidated Bond Interest and Redemption Fund created pursuant to NRS 349.090 in amounts necessary to pay the principal of, interest on and redemption premiums due in connection with state securities issued pursuant to this chapter.

(b)

Deposited into any reserve account created for the payment of the principal of, interest on and redemption premiums due in connection with state securities issued pursuant to this chapter, in amounts and at times determined to be necessary.

(c)

Paid out for expenses of operation and maintenance.

(d)

On July 1 of each odd-numbered year, to the extent of any uncommitted balance in the Fund, deposited in the State General Fund.

Source: Section 350A.190 — Fund for the Municipal Bond Bank: Creation; disposition of revenue., https://www.­leg.­state.­nv.­us/NRS/NRS-350A.­html#NRS350ASec190.

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.190’s source at nv​.us