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2013 Nevada Revised Statutes
Chapter 350A - Purchase of Municipal and Revenue Securities by State
NRS 350A.130 - Loans to municipalities by state purchase of municipal securities authorized.


NV Rev Stat § 350A.130 (2013) What's This?

In order to:

1. Protect and preserve the property and natural resources of the State, and to obtain the benefits thereof; and

2. Assist municipalities in the acquisition, construction and equipping of public improvements,

the State Treasurer may make loans to municipalities by purchasing their municipal securities validly issued for a purpose related to natural resources or their revenue securities validly issued for a purpose related to any undertaking which the municipality is authorized to complete.

(Added to NRS by 1981, 768; A 1993, 2319)

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