Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 350.5755. Issuance of negotiable notes or bonds to finance restoration of historic structure; maturity; interest

(a) Mature not later than 15 years after the date of issuance.

(b) Bear interest at a rate or rates which do not exceed by more than 3 percent the Index of Twenty Bonds which was most recently published before the bids are received or a negotiated offer is accepted.