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Current as of January 01, 2025 | Updated by Findlaw Staff
“Financing agreement” means an agreement pursuant to which the city agrees to issue bonds pursuant to NRS 268.512 to 268.568, inclusive, to finance one or more projects and pursuant to which the obligor agrees to:
1. Make payments (directly or through notes, debentures, bonds or other secured or unsecured debt obligations of the obligor executed and delivered by the obligor to the city or the city's designee or assignee, including a trustee, pursuant to such financing agreement) sufficient to pay the principal of, premium, if any, and interest on the bonds;
2. Pay other amounts required by NRS 268.512 to 268.568, inclusive; and
3. Comply with all other applicable provisions of NRS 268.512 to 268.568, inclusive.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 21. Cities and Towns § 268.5171. “Financing agreement” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-21-cities-and-towns/nv-rev-st-268-5171/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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