Nevada Revised Statutes Title 40. Public Health and Safety § 450.280. Purposes and procedure for issuance of general obligation bonds at request of board of hospital trustees
Current as of January 01, 2021 | Updated by FindLaw Staff
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1. Whenever the board of hospital trustees of any county deems it advisable that bonds be issued for the enlargement, maintenance, repair, improvement or reconstruction of a public hospital, including, without limitation, the construction, installation and other acquisition of additional fixtures, structures, and buildings for the public hospital, equipment and furnishings therefor, and additional sites therefor, or any combination thereof, the board shall, by resolution, request the board of county commissioners of the county to issue general obligation bonds therefor and shall specify in the resolution the maximum amount of money proposed to be expended for any of those purposes.
2. Thereupon the board of county commissioners shall:
(a) Comply with the provisions of NRS 350.011 to 350.0165, inclusive; and
(b) Upon the receipt of the approval of the county debt management commission of the proposal to issue the county hospital bonds, submit the question of issuing the bonds to the qualified electors of the county at a special election or the next primary or general election, as provided in NRS 350.020 to 350.070, inclusive.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 40. Public Health and Safety § 450.280. Purposes and procedure for issuance of general obligation bonds at request of board of hospital trustees - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-40-public-health-and-safety/nv-rev-st-450-280/
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