Nev. Rev. Stat. § 350.586

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 350.586 - Securities issued as general obligations constitute outstanding indebtedness

Any outstanding general obligation bonds, any temporary general obligation bonds to be exchanged for such definitive bonds, and any general obligation interim debentures constitute outstanding indebtedness of the municipality and exhaust the debt-incurring power of the municipality under any statutory debt limitation appertaining thereto.

NRS 350.586

Added to NRS by 1967, 428
Added to NRS by 1967, 428