2020 Nevada Revised Statutes
Chapter 387 - Financial Support of School System
NRS 387.531 - Joint acquisition authorized; issuance of negotiable general obligation bonds.
1. Notwithstanding the provisions of any other law, the boards of trustees of county school districts are encouraged, authorized and empowered to acquire any or all of the facilities or projects specified in subsection 1 of NRS 387.335 jointly, as money may be made available therefor, including, without limitation, proceeds of bonds issued pursuant to this chapter and gifts and grants from any source.
2. Subject to the provisions of NRS 387.541, each such county school district, acting by and through its board of trustees, is authorized and empowered, in its name and upon its behalf, to issue the school district’s negotiable, coupon, general obligation bonds for defraying all or any part of the cost of the facility or project.
(Added to NRS by 1971, 527; A 1997, 2455; 2007, 373)
