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Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 349.076. Maximum rate of interest on securities issued by State

Current as of January 01, 2025 | Updated by Findlaw Staff

Except as otherwise provided by a specific statute, including, without limitation, NRS 99.067, the rate or rates of interest on securities issued by the State must not exceed by more than 3 percent:

1. For general obligations, the Index of Twenty Bonds; and

2. For special obligations, the Index of Revenue Bonds,

which was most recently published before the bids are received or a negotiated offer is accepted.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 349.076. Maximum rate of interest on securities issued by State - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-30-public-borrowing-and-obligations/nv-rev-st-349-076/

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