Nev. Rev. Stat. § 350A.130

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

Section 350A.130 - Loans to municipalities by state purchase of municipal securities authorized

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.

NRS 350A.130

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