Nevada Revised Statutes 226.823 – Qualified borrower retains right to issue bonds
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Notwithstanding any provision in NRS 226.700 to 226.832, inclusive, to the contrary, NRS 226.700 to 226.832, inclusive, are supplemental to, and not in lieu of, the right of any qualified borrower to issue general obligation bonds or other bonds that the qualified borrower is otherwise lawfully authorized to issue.
Terms Used In Nevada Revised Statutes 226.823
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.