Nev. Rev. Stat. § 355.080

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 355.080 - Restrictions on investment in county bonds

No part of the State Permanent School Fund may be invested in the bonds of any county whose entire bonded indebtedness for all purposes exceeds 10 percent of its assessed valuation; and the amount of bonds of any county purchased or invested in by the State Treasurer may not, in the aggregate, exceed 4 percent of the assessed valuation of any county.

NRS 355.080

[5:212:1917; A 1928, 30; 1947, 267; 1943 NCL § 6966]-(NRS A 1979, 724)
[5:212:1917; A 1928, 30; 1947, 267; 1943 NCL § 6966] - (NRS A 1979, 724)