Nev. Rev. Stat. § 350.710
Bonds and other securities exempt from taxation; exception
Nevada · Nevada Revised Statutes Chapter 350 — Municipal Obligations · Status: effective
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- Nev. Rev. Stat. § 350.710, Bonds and other securities exempt from taxation; exception, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2104897
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Full text
1. Except as otherwise provided in subsection 2, bonds and other securities issued pursuant to the provisions of the Local Government Securities Law, their transfer and the income therefrom must forever be and remain free and exempt from taxation by this state or any subdivision thereof.
2. The provisions of subsection 1 do not apply to the tax on estates imposed pursuant to the provisions of chapter 375A of NRS or the tax on generation-skipping transfers imposed pursuant to the provisions of chapter 375B of NRS.