350A.110 - “State securities” defined.
350A.110 “State securities” defined. “State securities” means notes, warrants, interim debentures, bonds and temporary bonds issued as:
1. General obligations by the State pursuant to this chapter for any lending project which is for a purpose related to natural resources or for a refunding which are payable from taxes, whether or not additionally secured by a pledge of all or any designated revenues of one or more lending projects; or
2. Limited obligations by the State pursuant to this chapter for any lending project which is for a purpose related to any undertaking which a municipality is authorized to complete or for a refunding which are payable from the revenues of one or more lending projects.
(Added to NRS by 1981, 768; A 1983, 1034; 1993, 2319)