Nevada Revised Statutes 538.206 – Issuance of general obligations: Consultation with State Treasurer; representation of State before bond credit rating agencies; professional services
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Before issuing any general obligation which the Commission is authorized by law to issue on behalf and in the name of the State of Nevada, the Commission shall consult the State Treasurer. The Chair of the Commission and the State Treasurer, jointly:
Terms Used In Nevada Revised Statutes 538.206
- 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.
1. Shall represent the State of Nevada in matters concerning any nationally recognized bond credit rating agency for the purposes of the issuance of any such obligation.
2. May employ any necessary legal, financial or other professional services in connection with the authorization, sale or issuance of any such obligation.