reglab/housing_qa huggingface dataset:
NV Rev Stat § 350.165 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.165 - Delegation of authority to sign contract to purchase or accept binding bid for bonds; approval of certain terms by governing body required.

  1. The governing body of a municipality may, before any sale of bonds, whether by competitive bid or negotiated sale, delegate to the chief administrative officer or chief financial officer of the municipality or, if the bonds consist of any securities to which subsection 1 of NRS 350.583 applies, a designated agent, the authority to sign a contract for the purchase of the bonds or to accept a binding bid for the bonds subject to the requirements specified by the governing body concerning:  (a) The rate of interest on the bonds;  (b) The dates on which and the prices at which the bonds may be called for redemption before maturity;  (c) The price at which the bonds will be sold; and  (d) The principal amount of the bonds and the amount of principal maturing in any particular year.  2. All terms of the bonds other than:  (a) The rate of interest;  (b) The dates and prices for the redemption of the bonds;  (c) The price for the sale of the bonds;  (d) The principal amount of the bonds; and  (e) The requirements for the principal maturing in particular years,  must be approved by the governing body of the municipality before the bonds are delivered.  3. The final rate of interest, dates and prices of redemption, price for the sale of the bonds, principal amount and the requirements for the principal amount maturing in particular years are not required to be approved by the governing body of the municipality if each of those terms complies with the requirements specified by the governing body before the contract for the purchase of the bonds is signed or the bid for the bonds is accepted.  (Added to NRS by 1995, 1020; A 2007, 434)
NV Rev Stat § 350.175 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.175 - Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter.

  1. If a municipality wishes to sell its bonds by a negotiated sale, it shall provide notice of the request for proposals in a manner that ensures that a reasonable number of underwriters for the size of the bond issue are notified of the request. The governing body of the municipality shall approve the notice.  2. The procedure for a request for proposals established by a municipality, including any requirement relating to:  (a) The rotation of the managing underwriters; and  (b) The municipality’s policy of equal opportunity concerning the selection of underwriters,  must be described in the written statement of the debt management policy of the municipality.  3. A municipality may negotiate the sale of the bonds described in the request for proposals with the underwriter it selects for not more than 6 years after the date of the selection of that underwriter. If bonds are not described in the request for proposals or if a negotiated sale occurs more than 6 years after the selection of an underwriter, the municipality shall request proposals from underwriters pursuant to subsection 1 before it selects an underwriter for that negotiated sale.  4. As used in this section, "request for proposals" means a statement which requests that prospective underwriters submit proposals to the municipality to provide underwriting services for the negotiated sale.  (Added to NRS by 1995, 1021)
NV Rev Stat § 350.185 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.185 - Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure.

  1. The governing body of a municipality which sells bonds by a negotiated sale shall establish a procedure for the selection of a proposal for the sale of the bonds. The procedure must include a consideration of:  (a) The ability and experience of the responding underwriter in the underwriting of bonds sold by competitive bid or negotiated sale;  (b) The degree to which the proposal of the responding underwriter meets the needs of the municipality and minimizes the risk and cost to the municipality;  (c) An estimation of any fees or other elements of the gross spread between the price paid to the municipality for the bonds and the price at which the bonds are sold to investors;  (d) Any other fees, charges or commissions which the municipality will be required to pay in connection with the issuance of the bonds; and  (e) Any fees paid by the underwriter to persons who are not employees of the underwriter to obtain business from the municipality.  2. The chief administrative officer of the municipality shall certify that the procedure for selecting a proposal for the negotiated sale pursuant to NRS 350.175 was conducted in an open and fair manner.  (Added to NRS by 1995, 1021)
NV Rev Stat § 350.195 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.195 - Financial adviser: Prohibited acts.

A financial adviser who provides any report required pursuant to NRS 350.105 to 350.195, inclusive, must not:  1. Be;  2. Control;  3. Be controlled by; or  4. Be under common control with,  an underwriter for the bonds if those bonds are sold at a negotiated sale.  (Added to NRS by 1995, 1022)
NV Rev Stat § 350.201 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.201 - Definitions.

As used in NRS 350.201 to 350.2013, inclusive:  1. "Par" means the principal amount of a security plus the accrued interest thereon from the date of the bonds to the date of delivery and full payment.  2. "Political subdivision" includes without limitation a county, city, town, school district or special district.  3. "Security" means a bond or other evidence of indebtedness.  (Added to NRS by 1967, 219)
NV Rev Stat § 350.2011 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.2011 - Maximum rate of interest on securities of political subdivisions.

  1. Except as otherwise provided in this section and NRS 99.067, and except where the provisions, whenever enacted, of a general or special law or of a special charter otherwise require, the rate or rates of interest on securities issued by a political subdivision of this state must not exceed by more than 3 percent:  (a) For general obligations, the Index of Twenty Bonds; and  (b) For special obligations, the Index of Revenue Bonds,  which was most recently published before the bids are received or a negotiated offer is accepted.  2. The rate or rates of interest on securities issued in whole or in part to finance the costs of a program established pursuant to NRS 244.3651 must not exceed by more than 2 percent the rate or rates of interest set forth in subsection 1.  (Added to NRS by 1967, 219; A 1969, 1291; 1971, 2115; 1975, 863; 1981, 1403; 1983, 574; 2009, 2659; 2011, 659)
NV Rev Stat § 350.2012 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.2012 - Discounts.

Except where the provisions, whenever enacted, of a general or special law or of a special charter otherwise require, securities issued by a political subdivision of this state may be sold at par, above par or below par at a discount of not more than 9 percent of the principal amount, but the effective interest rate must not exceed the limit provided in NRS 350.2011.  (Added to NRS by 1967, 219; A 1969, 1291; 1971, 2115; 1975, 863; 1981, 1403; 1983, 574)
NV Rev Stat § 350.2013 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.2013 - Issuance or sale more than 6 years after date of election prohibited; exception.

Except as otherwise provided in subsection 4 of NRS 350.020, no security may be issued or sold by a political subdivision of this state after the expiration of 6 years from the date of the election authorizing such issue, if an election is required by any law whenever enacted.  (Added to NRS by 1967, 219; A 1997, 2466; 1999, 3222)
NV Rev Stat § 350.202 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.202 - County ordinance may provide for service of bonded indebtedness for general obligations through single debt service fund; consolidated levy of taxes.

Notwithstanding the provisions of any special law authorizing the issuance of bonds or any covenant contained in any bond, the board of county commissioners of any county may provide by ordinance for the service of all general obligation bonded indebtedness of the county through a single debt service fund in the county treasury and a consolidated levy of taxes.  (Added to NRS by 1965, 650)
NV Rev Stat § 350.204 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.204 - Merger of sinking and other debt service funds into single fund.

Such ordinance shall provide that upon the first day of the ensuing fiscal year, all sinking funds or other debt service funds however denominated which have been established by statute or pursuant to covenant for general obligation indebtedness shall be merged into a single fund.  (Added to NRS by 1965, 650)
NV Rev Stat § 350.206 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.206 - Sufficiency of levy of taxes.

Each levy of taxes made after the enactment of such an ordinance shall include an amount for debt service sufficient to meet all general obligation interest requirements of the fiscal year for which the levy is made and to retire all bonds scheduled for retirement during that year.  (Added to NRS by 1965, 651)
NV Rev Stat § 350.208 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.208 - Obligation of bond not impaired.

The provisions of NRS 350.202, 350.204 and 350.206 do not in any way impair the obligation of any bond issued prior to April 3, 1965, or postpone the due date of any installment of interest or payment of principal.  (Added to NRS by 1965, 651)
NV Rev Stat § 350.350 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.350 - Short title.

NRS 350.350 to 350.490, inclusive, may be cited as the Water and Sewer Revenue Bond Law.  [1:109:1937; A 1949, 205; 1943 NCL § 1397.01]
NV Rev Stat § 350.360 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.360 - Definitions.

Wherever used in NRS 350.350 to 350.490, inclusive, unless a different meaning clearly appears from the context:  1. "Governing body" means the board of county commissioners, city council, city commission, board of supervisors, town council, town board, board of directors or board of trustees of a district, or other local legislative body of a municipality.  2. "Undertaking" includes the following revenue-producing undertakings or any combination of two or more of such undertakings, whether now existing or hereafter acquired or constructed: Systems, plants, works, instrumentalities and properties used or useful in connection with:  (a) The obtaining of a water supply and the conservation, treatment and disposal of water for public and private uses.  (b) The collection, treatment and disposal of sewage, waste and storm water, together with all parts of any such undertaking and all appurtenances thereto, including lands, easements, rights in land, water rights, contract rights, franchises, approaches, dams, reservoirs, sewage disposal plants, intercepting sewers, trunk, connection and other sewer and water mains, filtration works, pumping stations and equipment.  [2:109:1937; A 1949, 205; 1943 NCL § 1397.02] — (NRS A 1969, 1591; 1981, 946)
NV Rev Stat § 350.373 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.373 - Supplemental powers of municipality to prescribe, revise and collect charges; expenses of collection.

In supplementation of the provisions of subsection 3 of NRS 350.370 and elsewhere in the Water and Sewer Revenue Bond Law, any municipality at any time and under any circumstances:  1. May prescribe, revise and collect minimum charges, connection charges, charges for availability of service, legal and other expenses of the collection of delinquencies and penalties appertaining thereto;  2. May enforce the collection of any delinquencies by civil action or by any other means then provided by law; and  3. May otherwise prescribe, revise and collect in advance or otherwise from any owner or occupant of real property served directly or indirectly by any undertaking, or otherwise, rates, fees, tolls and charges for the services, facilities or commodities furnished by the undertaking, or any combination thereof, as the governing body may determine from time to time.  (Added to NRS by 1967, 672)
NV Rev Stat § 350.375 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.375 - Use of revenues derived from undertaking of municipality.

Subject to any pledges and other contractual limitations appertaining to revenues derived from the operation of any undertaking of a municipality, such revenues may be used from time to time for the following purposes, or any combination thereof, and in such priority, as the governing body may determine:  1. For the payment of operation and maintenance expenses of any undertaking;  2. For the payment of the costs of extensions of and improvements to any undertaking, including without limitation extraordinary repairs and replacements not constituting maintenance expenses;  3. For the payment of any other costs of constructing, otherwise acquiring, operating, maintaining, extending and improving any properties appertaining to water supply, water acquisition, treatment and distribution facilities, sewage, sanitary sewer collection and disposal facilities, storm waters, and storm water collection and disposal facilities, and incidental costs relating thereto, and the payment of any outstanding bonds and any other outstanding securities issued for any one, all or any combination of such purposes by the municipality pursuant to the Water and Sewer Revenue Bond Law or to any other law, and constituting general obligations, special obligations, or otherwise, and regardless of whether such payment is secured solely, additionally, or at all by a pledge of such revenues, as to the principal of, any interest on, and any prior redemption premiums due in connection with, such bonds and other securities, and any paying agent charges and other incidental expenses appertaining thereto, including without limitation any costs of issuing such securities, as the same become due;  4. For the accumulation of reserves for any one, all or any combination of the purposes stated above in this section; and  5. For the payment of any other expenses of the municipality, regardless of whether or not they appertain to an undertaking.  (Added to NRS by 1967, 672)
NV Rev Stat § 350.380 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.380 - Undertaking and issuance of bonds: Procedure.

The acquisition, construction, reconstruction, improvement, betterment or extension of any undertaking and the issuance, in anticipation of the collection of the revenues of such undertaking, of bonds to provide funds to pay the cost thereof may be authorized under NRS 350.350 to 350.490, inclusive, by ordinance or resolution of the governing body, which may be adopted at a regular meeting by a vote of a majority of the members elected to the governing body.  [4:109:1937; 1931 NCL § 1397.04] — (NRS A 1959, 486; 1969, 1592; 1975, 864; 1981, 947)
NV Rev Stat § 350.400 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.400 - Sale of bonds.

The bonds shall be sold as provided in the Local Government Securities Law.  [Part 5:109:1937; A 1949, 205; 1943 NCL § 1397.05] — (NRS A 1967, 221; 1969, 1592; 1975, 864)
NV Rev Stat § 350.490 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.490 - Powers conferred in NRS 350.350 to 350.490, inclusive, additional and supplemental; controlling provisions.

  1. The powers conferred by NRS 350.350 to 350.490, inclusive, shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by NRS 350.350 to 350.490, inclusive, shall not affect, the powers conferred by any other general or special law or charter, including, without limitation, the Local Government Securities Law.  2. The undertaking may be acquired, purchased, constructed, reconstructed, improved, bettered and extended, notwithstanding that any special or general law or local charter may provide for the acquisition, purchase, construction, reconstruction, improvement, betterment and extension of a like undertaking and without regard to the requirement, restrictions, debt or other limitations or other provisions contained in any other general or special law or charter, including, but not limited to, any restriction or limitation on the incurring of indebtedness or the issuance of bonds.  3. Insofar as the provisions of NRS 350.350 to 350.490, inclusive, are inconsistent with the provisions of any other general or special law or charter, the provisions of NRS 350.350 to 350.490, inclusive, shall be controlling, except as otherwise provided in NRS 350.350 to 350.490, inclusive; but the provisions of the Local Government Securities Law are supplemental to NRS 350.350 to 350.490, inclusive, to the extent the Local Government Securities Law pertains to revenue bonds and other special obligations.  [11:109:1937; 1931 NCL § 1397.11] — (NRS A 1975, 864)
NV Rev Stat § 350.495 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.495 - Willful violation of covenant in securities by member of governing body, officer or agent of municipality unlawful; penalty.

  1. Any member of the governing body and any officer or other agent of a municipality which has issued any bonds or municipal securities who willfully violates any covenant or provision contained in any such indentures or other instruments or proceedings appertaining thereto is guilty of a misdemeanor.  2. A violation of a covenant existing on July 1, 1969, is not "willful" for the purpose of this section if compliance is impractical because of competition from a private enterprise or enterpriser offering a comparable service.  (Added to NRS by 1969, 1088)
NV Rev Stat § 350.500 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.500 - Short title.

NRS 350.500 to 350.720, inclusive, may be cited as the Local Government Securities Law.  (Added to NRS by 1967, 421; A 1985, 2089, 2179; 1993, 1984)
NV Rev Stat § 350.502 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.502 - Purpose; supplemental nature.

It is the purpose of the Local Government Securities Law to provide a procedure for financing any projects otherwise authorized by law (other than by the levy and collection of special assessments) and for the issuance of securities to evidence or reevidence obligations incurred in connection with any such projects. The Local Government Securities Law is supplemental in nature, and nothing herein contained shall be construed as authorizing any particular project nor as authorizing the incurrence of any obligations to defray the cost of any project.  (Added to NRS by 1967, 421)
NV Rev Stat § 350.504 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.504 - Definitions.

As used in this chapter and in any instrument or document appertaining thereto, unless the context otherwise requires, the words and terms defined in NRS 350.506 to 350.566, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 1967, 421; A 1981, 947; 1985, 2179; 1987, 559)
NV Rev Stat § 350.506 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.506 - "Acquisition" and "acquire" defined.

Acquisition or "acquire" includes the opening, laying out, establishment, purchase, construction, securing, installation, reconstruction, lease, gift, grant from the Federal Government, this state, any public body therein, or any person, the endowment, bequest, devise, condemnation, transfer, assignment, option to purchase, other contract, or other acquirement, or any combination thereof, of any properties pertaining to a project, or an interest therein.  (Added to NRS by 1967, 421; A 1967, 943)
NV Rev Stat § 350.508 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.508 - "Chair" and "chair of the municipality" defined.

Chair or "chair of the municipality" or any phrase of similar import means the de facto or de jure chair of the board of county commissioners, mayor of the city or town, president of the board of trustees of the school district, chair of the board of directors of any other type district, or the president thereof, or any other presiding officer or titular head of the municipality, or his or her successor in functions, if any.  (Added to NRS by 1967, 421)
NV Rev Stat § 350.510 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.510 - "Clerk" defined.

Clerk means the de facto or de jure county clerk, city clerk, town clerk, clerk of the board of trustees of the school district, secretary or clerk of the board of directors of any other type district, or other officer of the municipality who is the custodian of any seal of the municipality and of the records of the proceedings of the municipality’s governing body, or his or her successor in functions, if any.  (Added to NRS by 1967, 422)
NV Rev Stat § 350.512 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.512 - "Commercial bank" defined.

Commercial bank means:  1. A state or national bank or trust company that is a member of the Federal Deposit Insurance Corporation, including, without limitation, a branch of the Federal Reserve Bank.  2. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 672.755.  (Added to NRS by 1967, 422; A 1999, 1473)
NV Rev Stat § 350.514 (2021)
2021 Nevada Revised Statutes|Chapter 350 - Municipal Obligations|NRS 350.514 - "Condemnation" and "condemn" defined.

Condemnation or "condemn" means the acquisition by the exercise of the power of eminent domain of property for any project, or an interest therein, herein designated.  (Added to NRS by 1967, 422; A 1985, 278)