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2019 Nevada Revised Statutes
Chapter 355 - Public Investments
NRS 355.080 - Restrictions on investment in county bonds.
Universal Citation: NV Rev Stat § 355.080 (2019)
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.
[5:212:1917; A 1928, 30; 1947, 267; 1943 NCL § 6966] — (NRS A 1979, 724)
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