Nev. Rev. Stat. § 268.534
Bonds: Form; terms; variable rate of interest; sale
Nevada · Nevada Revised Statutes Chapter 268 — Powers and Duties Common to Cities and Towns Incorporated Under General or Special Laws · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 268.534, Bonds: Form; terms; variable rate of interest; sale, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2097068
- Permanent ID
ys:prov:2097068@1- SHA-256
c5b5f0e36460639cff4931772d2826e6600c700e7679ce3be4aed1d3e738155f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. The bonds must:
(a) Be authorized by resolution;
(b) Be in such denominations;
(c) Bear such date or dates;
(d) Mature at such time or times not exceeding 40 years from their respective dates;
(e) Be in such form;
(f) Carry such registration privileges;
(g) Be executed in such manner;
(h) Be payable at such place or places within or without the State; and
(i) Be subject to such terms of redemption,
Ê as the authorizing resolution may provide.
2. The resolution may fix a rate or rates of interest, or provide for the determination of the rate or rates from time to time by a designated agent according to a specified standard and procedure.
3. The bonds may be sold in one or more series at par, or below or above par, in such manner and for such price or prices as the city determines. As an incidental expense of the project, the city may employ financial and legal consultants in regard to the financing of the project.
4. The bonds are fully negotiable under the terms of the Uniform Commercial Code—Investment Securities.