reglab/housing_qa huggingface dataset:
NV Rev Stat § 349.216 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.216 - Types of securities which may be issued; series.

The State may issue, in one series or more, without the state securities being authorized at any election in the absence of an expressed provision to the contrary in the act authorizing the project and the issuance of state securities therefor or in any act supplemental thereto, in anticipation of taxes or pledged revenues, or both, and constituting either general obligations or special obligations of the State, any one or more or all of the following types of state securities:  1. Notes, evidencing any amount borrowed by the State;  2. Warrants, evidencing the amount due to any person for any services or supplies, equipment or other materials furnished to or for the benefit of the State and appertaining to a project;  3. Bonds, evidencing any amount borrowed by the State and constituting long-term financing;  4. Temporary bonds, pending the preparation of and exchangeable for definitive bonds of like character and in like principal amount when prepared and issued in compliance with the conditions and limitations herein provided; and  5. Interim debentures, evidencing any short-term financing, construction loans, and other temporary loans of not exceeding 5 years, in supplementation of long-term financing and the issuance of bonds, as provided in NRS 349.318 to 349.328, inclusive.  (Added to NRS by 1967, 776; A 1975, 858)
NV Rev Stat § 349.218 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.218 - Notes and warrants: Maturity; extension or funding.

Notes and warrants may mature at such time or times not exceeding 1 year from the date or the respective dates of their issuance as the Commission may determine. They shall not be extended or funded except by the issuance of bonds or interim debentures in compliance with NRS 349.318 to 349.326, inclusive, and other provisions supplemental thereto.  (Added to NRS by 1967, 776)
NV Rev Stat § 349.220 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.220 - Temporary bonds: Conditions, terms and provisions; rights and remedies of holder.

Each temporary bond shall set forth substantially the same conditions, terms and provisions as the definitive bond for which it is exchanged. Each holder of a temporary bond shall have all the rights and remedies which he or she would have as a holder of the definitive bond for which the temporary bond is to be exchanged.  (Added to NRS by 1967, 776)
NV Rev Stat § 349.222 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.222 - Resolution authorizing issuance of securities: Description of purposes.

The resolution authorizing the issuance of any state securities hereunder shall describe the purpose or purposes for which they are issued at least in general terms and may describe any purpose in detail.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.223 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.223 - Sale of securities as investment to defray anticipated costs of college.

  1. A particular issue of state securities may be sold as an investment for the purpose of accumulating money for the future generally or to defray prospectively the anticipated costs of college if:  (a) The resolution authorizing its issuance states that purpose and the State Board of Finance approves the sale for that purpose; and  (b) The resolution for issuance provides for the payment of compound interest on the securities.  2. The resolution authorizing the issuance of securities for the purposes described in subsection 1:  (a) May describe the securities by a designation including the word "saving" or the phrase "saving for college";  (b) Must include a disclaimer that the State does not guarantee that the amount received at maturity will be adequate to meet the costs of college or other intended purpose; and  (c) Must include a disclaimer that the State does not guarantee the price for which a security may be sold before it matures.  (Added to NRS by 1993, 2279; A 1995, 2237)
NV Rev Stat § 349.224 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.224 - General obligations: Types of securities.

The State may issue as general obligations any of the following types of state securities:  1. Notes;  2. Warrants;  3. Interim debentures;  4. Bonds; and  5. Temporary bonds,  payable from taxes, or payable from taxes and additionally securing such payment by a pledge of net revenues or gross revenues, as the Commission may determine, except as may be otherwise provided in any act supplemental hereto.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.225 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.225 - General obligation bonds subject to review and approval of State Board of Finance; exception.

Except for bonds issued by the Colorado River Commission of Nevada which are additionally supported by pledged revenues of a project, any general obligation bond authorized on the behalf and in the name of the State is subject to the review and approval of the State Board of Finance, unless otherwise provided by statute.  (Added to NRS by 1995, 2236; A 2001, 2443)
NV Rev Stat § 349.226 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.226 - Special obligations: Types of securities.

The State may issue as special obligations any of the following types of state securities:  1. Notes;  2. Warrants;  3. Interim debentures;  4. Bonds; and  5. Temporary bonds,  in anticipation of net pledged revenues but not under any circumstances under their terms and the proceedings authorizing their issuance in anticipation of taxes nor in anticipation of gross pledged revenues. Such special obligation state securities may be payable from, secured by a pledge of, and constitute a lien on net pledged revenues.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.227 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.227 - Rates of interest for certain securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement. [Effective through June 30, 2021.]

  1. In the case of securities bearing interest at a variable rate of interest, or in the case of securities with a term of 270 days or less issued as commercial paper under a program for the issuance of commercial paper to fund the costs of a project, to be deposited into the State General Fund and used for the general operations of the State or to refinance any previously issued commercial paper or other securities, the act or resolution authorizing the issuance of any state securities or any trust indenture or other instrument appertaining thereto 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 the procedure specified in that resolution or other instrument. The rate so determined must approximate the rates then being paid for other securities which contain similar provisions and have an equivalent rating. The Commission may contract with or select any person to act as an agent to make that determination and shall specify parameters for the interest rate if it is fixed by such an agent.  2. The Commission may enter into an agreement with a third party for an assurance of payment of the principal of, the interest on, or premiums, if any, due in connection with any state securities issued by the Commission. The obligation of the Commission to reimburse that third party for any advances made pursuant to that agreement may be provided in that agreement, recited in those securities or evidenced by another instrument as designated in the act or resolution authorizing the issuance of those securities or any other instrument appertaining thereto. The Commission may assign its rights under that agreement.  (Added to NRS by 1985, 2088; A 2020, 31st Special Session, 3)
NV Rev Stat § 349.227 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.227 - Variable rates of interest for securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement. [Effective July 1, 2021.]

  1. The act or resolution authorizing the issuance of any state securities or any trust indenture or other instrument appertaining thereto 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 the procedure specified in that resolution or other instrument. The rate so determined must approximate the rates then being paid for other securities which contain similar provisions and have an equivalent rating. The Commission may contract with or select any person to make that determination.  2. The Commission may enter into an agreement with a third party for an assurance of payment of the principal of, the interest on, or premiums, if any, due in connection with any state securities issued by the Commission. The obligation of the Commission to reimburse that third party for any advances made pursuant to that agreement may be provided in that agreement, recited in those securities or evidenced by another instrument as designated in the act or resolution authorizing the issuance of those securities or any other instrument appertaining thereto. The Commission may assign its rights under that agreement.  (Added to NRS by 1985, 2088; A 2020, 31st Special Session, 3, effective July 1, 2021)
NV Rev Stat § 349.2275 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.2275 - Variable rates of interest: Exemption from limitations; conclusive findings of Commission that procedure for determination of rates is reasonable.

In fixing the rate or rates of interest for state securities pursuant to subsection 1 of NRS 349.227 or the rate or rates of interest imposed on the Commission for reimbursement of any advances made under an agreement pursuant to subsection 2 of NRS 349.227, the Commission is not subject to any limitations on rates of interest provided by statute, including NRS 349.076, or provided in the bond question authorizing the issuance of those securities. The act or resolution fixing that rate or rates of interest must contain the findings of the Commission that the procedure specified in the act or resolution for determining that rate or rates is reasonable under existing or anticipated conditions in the market and is necessary and advisable for marketing the securities. These findings are conclusive. This section does not prohibit the Commission from fixing a maximum rate of interest in that act or resolution.  (Added to NRS by 1985, 2088)
NV Rev Stat § 349.228 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.228 - Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance.

Any resolution authorizing the issuance of general obligation state securities payable from gross revenues or any indenture or other proceedings appertaining thereto may contain a covenant of the State that to the extent required, as provided therein, the State will pay operation and maintenance expenses by appropriation from its General Fund and that to the extent the moneys accounted for therein are insufficient for that purpose the State shall levy taxes therefor.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.230 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.230 - Securities issued as general obligations constitute outstanding indebtedness of State; exceptions.

Any outstanding general obligation bonds, any temporary general obligation bonds to be exchanged for such definitive bonds, and any general obligation interim debentures constitute outstanding indebtedness of the State and exhaust the debt-incurring power of the state unless issued:  1. For the purpose of defraying extraordinary expenses, as mentioned in the last sentence of the first paragraph of Section 3 of Article 9 of the Constitution; or  2. For one of the purposes mentioned in the second paragraph of that section.  (Added to NRS by 1967, 777; A 1977, 795)
NV Rev Stat § 349.232 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.232 - Securities issued as special obligations do not constitute outstanding indebtedness of State.

Any other state securities (except general obligation notes and general obligation warrants) constitute special obligations of the State, and all such other securities (including all notes and warrants, general obligations or special obligations, payable within 1 year from date) do not constitute outstanding indebtedness of the State nor exhaust its debt-incurring power under any such debt limitation.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.234 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.234 - Recitals required in state securities.

  1. State securities issued hereunder and constituting special obligations shall recite in substance that the securities and the interest thereon are payable solely from the net revenues pledged to the payment thereof.  2. State securities issued hereunder and constituting general obligations shall pledge the full faith and credit of the State for their payment, shall so state, and shall state that they are payable from taxes.  3. General obligation state securities the payment of which is additionally secured by a pledge of revenues shall recite in substance, in addition to the statements required by subsection 2 of this section, that the payment of the securities and the interest thereon is additionally secured by a pledge of the net revenues or the gross revenues, as the case may be, designated in the securities.  (Added to NRS by 1967, 777)
NV Rev Stat § 349.236 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.236 - Payment of principal of and interest on general obligation bonds from Consolidated Bond Interest and Redemption Fund.

Payment of the principal of and the interest on general obligation bonds shall be made from the Consolidated Bond Interest and Redemption Fund of the State of Nevada, under the provisions of NRS 349.080 to 349.140, inclusive, except as herein otherwise provided.  (Added to NRS by 1967, 778; A 1969, 1587)
NV Rev Stat § 349.238 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.238 - Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds.

  1. There must be levied annually a special tax on all property, both real and personal, subject to taxation within the boundaries of the State of Nevada, fully sufficient together with the revenue which will result from application of the rate to the net proceeds of minerals, without regard to any statutory limitations now or hereafter existing, to pay the interest on the general obligation state securities and to pay and retire the securities as provided in the State Securities Law and in any act supplemental hereto. The amount of money to be raised by the tax must be included in the annual estimate or budget for each county in the state for each year for which the tax is hereby required to be levied. The tax must be levied and collected in the same manner and at the same time as other taxes are levied and collected.  2. The proceeds thereof levied to pay interest on the securities must be kept by the State Treasurer in a special fund, separate and apart from all other funds, and the proceeds of the tax levied to pay the principal of the securities must be kept by the Treasurer in a special fund, separate and apart from all other funds. The two special funds must be used for no other purpose than the payment of the interest on the securities and the principal thereof, respectively, when due.  (Added to NRS by 1967, 778; A 1989, 44; 2013, 3135)
NV Rev Stat § 349.240 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.240 - Time and duration of levy of special tax.

Such tax shall be levied immediately after the issuance of any general obligation securities issued in accordance with the provisions of the State Securities Law, and annually thereafter, at the times and in the manner provided by law, until all of the securities, and the interest thereon, have been fully discharged. Such tax may be first levied after the state, acting by and through the Commission, has contracted to sell any securities but before their issuance.  (Added to NRS by 1967, 778; A 1975, 858)
NV Rev Stat § 349.242 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.242 - Payment from State General Fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of State General Fund.

Any sums coming due on any general obligation state securities at any time when there are not on hand from such tax levy or levies sufficient funds to pay the same shall be promptly paid when due from the General Fund of the State, reimbursement to be made to such General Fund in the sums thus advanced when the taxes herein provided for have been collected.  (Added to NRS by 1967, 778)
NV Rev Stat § 349.244 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.244 - Application of other available money to payment of interest on and principal of securities issued as general obligations.

Nothing contained in the State Securities Law shall be so construed as to prevent the State from applying any funds (other than taxes) that may be available for that purpose to the payment of the interest on or the principal of any general obligation state securities as the same respectively mature, including without limitation the payment of general obligation bonds as provided in NRS 349.236, and regardless of whether the payment of the general obligation state securities is additionally secured by a pledge of revenues, and upon such payments, the levy or levies of taxes provided in the State Securities Law may thereupon to that extent be diminished.  (Added to NRS by 1967, 778)
NV Rev Stat § 349.248 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.248 - Proceeds of taxes specially appropriated to payment of principal and interest.

There is by the State Securities Law, and there shall be by resolution authorizing the issuance of any indebtedness contracted in accordance with the provisions of the State Securities Law, specially appropriated the proceeds of such taxes to the payment of such principal and interest; and such appropriations shall not be repealed nor the taxes postponed or diminished (except as herein otherwise expressly provided) until the principal of and interest on the state securities evidencing such debt have been wholly paid.  (Added to NRS by 1967, 779)
NV Rev Stat § 349.250 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.250 - Payment of state securities not to be secured by encumbrance, mortgage or pledge of State’s property; exception.

The payment of state securities shall not be secured by an encumbrance, mortgage or other pledge of property of the State, except for its pledged revenues, proceeds of taxes and any other moneys pledged for the payment of the securities. No property of the State, subject to such exception, shall be liable to be forfeited or taken in payment of the securities.  (Added to NRS by 1967, 779)
NV Rev Stat § 349.252 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.252 - Recourse against members of Commission and state officers and agents: Acceptance of securities constitutes waiver and release.

No recourse shall be had for the payment of the principal of, any interest on, and any prior redemption premiums due in connection with any bonds or other state securities or for any claim based thereon or otherwise upon the resolution authorizing their issuance or other instrument appertaining thereto, against any individual member of the Commission or any officer or other agent of the State, past, present or future, either directly or indirectly through the Commission or the State, or otherwise, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any penalty or otherwise, all such liability, if any, being by the acceptance of the securities and as a part of the consideration of their issuance specially waived and released.  (Added to NRS by 1967, 779; A 1975, 858)
NV Rev Stat § 349.254 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.254 - Covenants in resolution authorizing issuance of special obligations impose no liability against State or its general credit.

None of the covenants, agreements, representations and warranties contained in any resolution authorizing the issuance of bonds or other state securities issued under the provisions of the State Securities Law and constituting special obligations, or in any other instrument appertaining thereto, in the absence of any breach thereof, shall ever impose or shall be construed as imposing any liability, obligation or charge against the State (except the special funds pledged therefor) or against the general credit of the State, payable out of the General Fund of the State, or out of any funds derived from taxation.  (Added to NRS by 1967, 779)
NV Rev Stat § 349.256 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.256 - Faith of State pledged against repeal, amendment or modification of State Securities Law.

The faith of the State is hereby pledged that the State Securities Law, any law supplemental or otherwise appertaining thereto, and any other act concerning the bonds or other state securities, taxes or the pledged revenues or any combination of such securities, such taxes and such revenues, shall not be repealed nor amended or otherwise directly or indirectly modified in such a manner as to impair adversely any outstanding state securities, until all such securities have been discharged in full or provision for their payment and redemption has been fully made, including without limitation the known minimum yield from the investment or reinvestment of moneys pledged therefor in federal securities.  (Added to NRS by 1967, 779)
NV Rev Stat § 349.262 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.262 - Issuance of state securities.

  1. Notwithstanding the provisions of any other law, notes or bonds may be issued at public or private sale.  2. Warrants may be issued to evidence the amount due to any person furnishing services or materials as provided in the State Securities Law.  3. Temporary bonds must be issued to a purchaser of the definitive bonds in anticipation of the exchange of the former for the latter.  4. Interim debentures may be issued at public or private sale.  (Added to NRS by 1967, 781; A 1971, 2112; 1973, 559; 1989, 2182)
NV Rev Stat § 349.270 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.270 - Securities sold publicly to be sold to responsible bidder making best bid; equal bids.

  1. If securities are sold publicly and subject to the right of the Commission to reject any and all bids, the securities must be sold to the responsible bidder making the best bid.  2. If there are two or more equal bids for the securities and such equal bids are the best bids received and not less than the principal amount of the securities and accrued interest, except for any permitted discount, the Commission shall determine which bid must be accepted.  (Added to NRS by 1967, 782; A 1969, 1587; 1997, 3012)