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Current as of January 01, 2025 | Updated by Findlaw Staff
“Revenues of a lending project” means any money, except the proceeds of taxes levied by the State, received by the State Treasurer from or in respect to any lending project, including, without limitation:
1. Money derived from any source of revenue connected with a lending project, including, without limitation, payments by a municipality of the principal, interest or redemption premium of any municipal or revenue security, and any other income derived from the operation or administration of a lending project or the sale or other disposal of municipal or revenue securities or other assets acquired in connection with a lending project;
2. Loans, grants or contributions to the State from the Federal Government for the payment of the principal, interest and redemption premiums of state securities;
3. Fees or charges paid by a municipality in connection with a lending project; and
4. Money derived from the investment and reinvestment of any of these.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 350A.100. “Revenues of a lending project” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-30-public-borrowing-and-obligations/nv-rev-st-350a-100/
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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