Nevada Revised Statutes Title 30. Public Borrowing and Obligations § 350A.150. Limitations and conditions on issuance of certain state securities; applicability of State Securities Law

1. The Board may, at the request of the State Treasurer, to pay the cost of any lending project, borrow money or otherwise become obligated, and may provide evidence of those obligations by issuing state securities.

2. State securities issued to acquire municipal securities may be outstanding pursuant to this chapter in an aggregate principal amount of not more than $1.8 billion.

3. State securities issued to:

Any such state securities may be issued without an election or other preliminaries. No state securities may be issued to refund any municipal securities issued before May 29, 1981.

4. No state securities may be issued to acquire revenue securities unless:

5. Provisions of the State Securities Law which are not inconsistent with the provisions of this chapter apply to the issuance of state securities pursuant to this chapter.