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2013 Nevada Revised Statutes
Chapter 350 - Municipal Obligations
NRS 350.586 - Securities issued as general obligations constitute outstanding indebtedness.


NV Rev Stat § 350.586 (2013) What's This?

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.

(Added to NRS by 1967, 428)

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