Nev. Rev. Stat. § 349.840

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 349.840 - Bonds: Repurchase

The Director, subject to such agreements with holders of bonds as may then exist, may, out of any money available therefor, purchase the bonds at a price not exceeding:

1. The redemption price then applicable plus accrued interest to the date of the next interest payment thereon if the bonds are then redeemable; or

2. The redemption price applicable on the first date after the purchase upon which the bonds become subject to redemption, plus accrued interest to that date, if the bonds are not redeemable.

NRS 349.840

Added to NRS by 1985, 2019