reglab/housing_qa huggingface dataset:
NV Rev Stat § 349.354 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.354 - Bonds and other securities exempt from taxation; exceptions.

  1. Except as otherwise provided in subsection 2, bonds and other securities issued pursuant to the provisions of the State 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.  (Added to NRS by 1967, 794; A 1989, 2107; 1991, 1710)
NV Rev Stat § 349.356 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.356 - Securities issued as general obligations are legal investments for state money.

It is legal for the State Board of Finance to invest any permanent state funds or other state funds available for investment in any of the bonds or other securities authorized to be issued pursuant to the provisions hereof if the securities constitute general obligations payable from taxes.  (Added to NRS by 1967, 794)
NV Rev Stat § 349.358 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.358 - Legal investments for other persons.

  1. It is legal for any bank, trust company, banker, savings bank or institution, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business, and any executor, administrator, curator, trustee or any other fiduciary, to invest funds or money in his or her custody in any of the bonds or other securities issued in accordance with the provisions of the State Securities Law.  2. Nothing contained in this section with regard to legal investments relieves any representative of any corporation or other person of any duty of exercising reasonable care in selecting securities.  (Added to NRS by 1967, 794; A 1983, 131)
NV Rev Stat § 349.362 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.362 - Sufficiency of State Securities Law.

  1. The State Securities Law, without reference to other statutes of this state, except as herein otherwise expressly provided, shall constitute full authority for the exercise of the incidental powers herein granted concerning the borrowing of money and any other incurrence of obligations to defray wholly or in part the cost of any project appertaining to the State and otherwise authorized by law, or to refinance outstanding loans, or both, and the issuance of bonds or other securities to evidence such loans or other obligations or to fund or refund outstanding securities, or any combination thereof, as the Commission may determine.  2. No other act or law with regard to the authorization or issuance of securities or the exercise of any other power herein granted that requires an election or another approval or in any way impedes or restricts the carrying out of the acts herein authorized to be done shall be construed as applying to any proceedings taken hereunder or acts done pursuant hereto, except as otherwise provided in the State Securities Law or in any act supplemental hereto.  3. The powers conferred by the State Securities Law shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by the State Securities Law shall not affect the powers conferred by, any other law.  4. Nothing contained in the State Securities Law shall be construed as preventing the exercise of any power granted to the State, acting by and through the Commission, or any officer, agent or employee of the State, or otherwise, by any other law.  5. No part of the State Securities Law shall repeal or affect any other law or part thereof, it being intended that the State Securities Law shall provide a separate method of accomplishing its objectives and not an exclusive one; and the State Securities Law shall not be construed as repealing, amending or changing any such other law.  (Added to NRS by 1967, 796)
NV Rev Stat § 349.364 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.364 - Liberal construction.

The State Securities Law being necessary to secure the public health, safety, convenience and welfare, shall be liberally construed to effect its purposes.  (Added to NRS by 1967, 796)
NV Rev Stat § 349.400 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.400 - Definitions.

As used in NRS 349.400 to 349.670, inclusive, unless the context otherwise requires, the words and terms defined in NRS 349.405 to 349.540, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 1981, 1624; A 1985, 2175; 1997, 497; 1999, 3357; 2001, 3256; 2011, 3458)
NV Rev Stat § 349.405 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.405 - "Biomass" defined.

Biomass means any organic matter that is available on a renewable basis, including, without limitation:  1. Agricultural crops and agricultural wastes and residues;  2. Wood and wood wastes and residues;  3. Animal wastes;  4. Municipal wastes; and  5. Aquatic plants.  (Added to NRS by 2001, 3255)
NV Rev Stat § 349.410 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.410 - "Board" defined.

Board means the State Board of Finance.  (Added to NRS by 1981, 1624)
NV Rev Stat § 349.420 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.420 - "Bonds" and "revenue bonds" defined.

Bonds or "revenue bonds" means bonds, notes or other securities evidencing an obligation and issued under NRS 349.400 to 349.670, inclusive.  (Added to NRS by 1981, 1624)
NV Rev Stat § 349.425 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.425 - "Corporation for public benefit" defined.

Corporation for public benefit means a corporation that is:  1. Recognized as exempt pursuant to section 501(c)(3) of the Internal Revenue Code of 1986, 26 U.S.C. § 501(c)(3), future amendments to that section and the corresponding provisions of future internal revenue laws; or  2. Organized for a public or charitable purpose and which, upon dissolution, must distribute its assets to the United States, a state, or a person which is recognized as exempt pursuant to section 501(c)(3) of the Internal Revenue Code of 1986, 26 U.S.C. § 501(c)(3), future amendments to that section and the corresponding provisions of future internal revenue laws.  (Added to NRS by 1997, 497; A 1999, 3357)
NV Rev Stat § 349.430 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.430 - "Cost of a project" defined.

Cost of a project means all or a designated part of the cost of any project, including any incidental cost pertaining to the project. The cost of a project may include, among other costs, the costs of:  1. Surveys, audits, preliminary plans, other plans, specifications, estimates and other costs of preparations;  2. Appraising, printing, estimating, advice, services of engineers, architects, financial consultants, attorneys, clerical personnel and other agents and employees;  3. Publishing, posting, mailing and otherwise giving notice, filing or recording instruments, taking options and fees to banks;  4. Establishment of a reserve for contingencies;  5. Interest on bonds for any time which does not exceed the estimated period of construction plus 1 year, discounts on bonds, reserves for the payment of the principal of and interest on bonds, replacement expenses and other costs of issuing bonds;  6. Amending any resolution or other instrument authorizing the issuance of, or otherwise relating to, bonds for the project; and  7. Short-term financing,  and the expense of operation and maintenance of the project.  (Added to NRS by 1981, 1624; A 2001, 3256)
NV Rev Stat § 349.440 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.440 - "Director" defined.

Director means the Director of the Department of Business and Industry or any person within the Department of Business and Industry designated by the Director to perform duties in connection with a project or the issuance of bonds.  (Added to NRS by 1981, 1625; A 1993, 1569)
NV Rev Stat § 349.450 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.450 - "Expense of operation and maintenance" defined.

Expense of operation and maintenance means any reasonable and necessary current expense of the State for the operation, maintenance or administration of a project or of the collection and administration of revenues from a project. The term includes, among other expenses:  1. Expenses for engineering, auditing, reporting, legal services and other expenses of the Director which are directly related to the administration of projects.  2. Premiums for fidelity bonds and policies of property and liability insurance pertaining to projects, and shares of the premiums of blanket bonds and policies which may be reasonably allocated to the State.  3. Payments to pension, retirement, health insurance and other insurance funds.  4. Reasonable charges made by any paying agent, commercial bank, credit union, trust company or other depository bank pertaining to any bonds.  5. Services rendered under the terms of contracts, services of professionally qualified persons, salaries, administrative expenses and the cost of materials, supplies and labor pertaining to the issuance of any bonds, including the expenses of any trustee, receiver or other fiduciary.  6. Costs incurred in the collection and any refund of revenues from the project, including the amount of the refund.  (Added to NRS by 1981, 1625; A 1999, 1470)
NV Rev Stat § 349.460 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.460 - "Finance" and "financing" defined.

Finance or "financing" includes the issue of bonds by the Director for the purpose of using substantially all of the proceeds to pay (or to reimburse the obligor or its designee) for the costs of acquiring, improving and equipping a project, whether these costs are incurred by the Director, the obligor or a designee of the obligor.  (Added to NRS by 1981, 1625)
NV Rev Stat § 349.470 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.470 - "Financing agreement" defined.

Financing agreement means an agreement by which the Director agrees to issue bonds pursuant to NRS 349.400 to 349.670, inclusive, to finance one or more projects and the obligor agrees to:  1. Make payments (directly or through notes, debentures, bonds or other secured or unsecured debt obligations of the obligor executed and delivered by the obligor to the Director or his or her designee or assignee, including a trustee, pursuant to the financing agreement) sufficient to pay the principal of, premium if any, and interest on the bonds;  2. Pay other amounts required by NRS 349.400 to 349.670, inclusive; or  3. Comply with all other applicable provisions of NRS 349.400 to 349.670, inclusive.  (Added to NRS by 1981, 1625)
NV Rev Stat § 349.475 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.475 - "Fuel cell" defined.

Fuel cell means a device or contrivance that, through the chemical process of combining ions of hydrogen and oxygen, produces electricity and water.  (Added to NRS by 2001, 3255)
NV Rev Stat § 349.480 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.480 - "Health and care facility" defined.

Health and care facility means a hospital, facility for intermediate care or facility for skilled nursing as those terms are defined in chapter 449 of NRS.  (Added to NRS by 1981, 1626; A 1985, 1758)
NV Rev Stat § 349.485 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.485 - "Historic structure" defined.

Historic structure means a building, facility or other structure, including, without limitation, a landmark, which is eligible for listing in the State Register of Historic Places under NRS 383.085.  (Added to NRS by 1985, 2174; A 2019, 972)
NV Rev Stat § 349.490 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.490 - "Mortgage" defined.

Mortgage includes a deed of trust and any other security agreement covering real or personal property or both.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.500 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.500 - "Obligor" defined.

Obligor means the natural person, partnership, firm, company, corporation (including a public utility), association, trust, estate, political subdivision, state agency or any other legal entity, or its legal representative, agent or assigns, who agrees to make the payments required by the financing agreement.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.510 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.510 - "Project" defined.

Project means:  1. Any land, building or other improvement and all real and personal properties necessary in connection therewith, excluding inventories, raw materials and working capital, whether or not in existence, suitable for new construction, improvement, rehabilitation or redevelopment for:  (a) Industrial uses, including assembling, fabricating, manufacturing, processing or warehousing;  (b) Research and development relating to commerce or industry, including professional, administrative and scientific offices and laboratories;  (c) Commercial enterprises;  (d) Civic and cultural enterprises open to the general public, including theaters, museums and exhibitions, together with buildings and other structures, machinery, equipment, facilities and appurtenances thereto which the Director deems useful or desirable in connection with the conduct of any such enterprise;  (e) An educational institution operated by a nonprofit organization not otherwise directly funded by the State which is accredited by a nationally recognized educational accrediting association;  (f) Health and care facilities and supplemental facilities for health and care;  (g) The purposes of a corporation for public benefit; or  (h) A renewable energy generation project.  2. Any real or personal property appropriate for addition to a hotel, motel, apartment building, casino or office building to protect it or its occupants from fire.  3. The preservation of a historic structure or its restoration for its original or another use, if the plan has been approved by the Office of Historic Preservation of the State Department of Conservation and Natural Resources.  (Added to NRS by 1981, 1626; A 1985, 2175; 1993, 1569; 1997, 497; 2001, 939, 3256; 2011, 2972)
NV Rev Stat § 349.515 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.515 - "Renewable energy" defined.

  1. "Renewable energy" means a source of energy that occurs naturally or is regenerated naturally, including, without limitation:  (a) Biomass;  (b) Fuel cells;  (c) Geothermal energy;  (d) Solar energy;  (e) Waterpower; and  (f) Wind.  2. The term does not include coal, natural gas, oil, propane or any other fossil fuel, or nuclear energy.  (Added to NRS by 2001, 3255)
NV Rev Stat § 349.517 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.517 - "Renewable energy generation project" defined.

  1. "Renewable energy generation project" means a project involving an electric generating facility or system that uses renewable energy as its primary source of energy to generate electricity.  2. The term does not include a project involving an electric generating facility or system that uses nuclear energy, in whole or in part, to generate electricity.  (Added to NRS by 2001, 3256)
NV Rev Stat § 349.520 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.520 - "Revenues" defined.

Revenues of a project, or derived from a project, include payments under a lease, agreement of sale or financing agreement, or under notes, debentures, bonds and other secured or unsecured debt obligations of an obligor executed and delivered by the obligor to the Director or his or her designee or assignee (including a trustee) pursuant to such lease, agreement of sale or financing agreement, or under any guarantee of or insurance with respect to any of these.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.530 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.530 - "Supplemental facility for a health and care facility" defined.

Supplemental facility for a health and care facility includes a clinic, facility for outpatients, and any other structure or facility directly related to the operation of a health and care facility.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.540 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.540 - "Warehousing" defined.

Warehousing means the consignment of personal property from outside this state to a private warehouse within this state for temporary storage during the transit of the property to a final destination outside the State.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.550 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.550 - Applicability of definitions contained in county and city economic development revenue bond laws.

As used in NRS 349.400 to 349.670, inclusive, unless the context otherwise requires, the words and terms defined in:  1. NRS 244A.673 to 244A.693, inclusive, have the meanings ascribed to them in those sections for the purpose of issuing bonds to obtain money for the support of an industrial development project within a county, except that if a board makes a request to the Director to issue bonds, all references to the issuance of bonds by a county or the entering into of financial agreements with the county shall be deemed to refer to the bonds issued by the Director and agreements to be executed by the Director; and  2. NRS 268.515 to 268.523, inclusive, have the meanings ascribed to them in those sections for the purpose of issuing bonds to obtain money for the support of an industrial development project within a city, except that if a city makes a request to the Director to issue bonds, all references to the issuance of bonds by a city or the entering into of financing agreements with the city shall be deemed to refer to the bonds issued by the Director and agreements to be executed by the Director.  (Added to NRS by 1981, 1626)
NV Rev Stat § 349.555 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.555 - Exercise of powers for general welfare; liberal construction.

  1. The director has all the powers necessary to accomplish the purposes set forth in NRS 349.560, but these powers must be exercised for the health, safety, convenience, prosperity and welfare of the inhabitants of this state.  2. NRS 349.400 to 349.670, inclusive, must be liberally construed in conformity with the purposes set forth in NRS 349.560.  (Added to NRS by 1985, 2174)
NV Rev Stat § 349.560 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.560 - Legislative declaration.

It is the intent of the Legislature to authorize the Director, with the approval of the Office of Economic Development, to finance, acquire, own, lease, improve and dispose of properties to:  1. Promote industry and employment and develop trade by inducing manufacturing, industrial, warehousing and commercial enterprises and organizations for research and development to locate, remain or expand in this state to further prosperity throughout the State and to further the use of the agricultural products and the natural resources of this state.  2. Enhance public safety by protecting hotels, motels, apartment buildings, casinos, office buildings and their occupants from fire.  3. Promote the public health by enabling the acquisition, development, expansion and maintenance of health and care facilities and supplemental facilities for health and care facilities which will provide services of high quality at reasonable rates to the residents of the community in which the facilities are situated.  4. Promote the educational, cultural, economic and general welfare of the public by financing civic and cultural enterprises, certain educational institutions and the preservation or restoration of historic structures.  5. Promote the social welfare of the residents of this state by enabling a corporation for public benefit to acquire, develop, expand and maintain facilities that provide services for those residents.  6. Promote the generation of electricity in this state.  (Added to NRS by 1981, 1627; A 1985, 2176; 1997, 498; 2001, 3257; 2011, 3458)
NV Rev Stat § 349.565 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.565 - Restrictions on Director’s powers.

  1. The Director may not, under NRS 349.400 to 349.670, inclusive:  (a) Operate any manufacturing, industrial, warehousing or commercial enterprise or an organization for research and development or any health and care facility to which he or she provided assistance; or  (b) Except as otherwise provided in subsection 2, assist any manufacturing, industrial, warehousing or commercial enterprise or an organization for research and development to locate in a county or city which would result in the abandonment or closure of an existing facility of a like nature located within that county or city, unless the existing facility is operated by the contemplated lessee, purchaser or other obligor or an affiliate of such a person and the facility is to be abandoned or closed because of obsolescence, lack of available labor or limitations at the site of the facility.  2. The provisions of paragraph (b) of subsection 1 do not apply to:  (a) Health and care facilities and supplemental facilities for a health and care facility;  (b) Civic and cultural enterprises open to the general public;  (c) Enterprises located in a redevelopment area created pursuant to chapter 279 of NRS;  (d) Enterprises located in an area designated as an empowerment zone pursuant to sections 1391 to 1397, inclusive, of the Internal Revenue Code of 1986, 26 U.S.C. §§ 1391-97, future amendments to those sections and the corresponding provisions of future internal revenue laws;  (e) Facilities established by a corporation for public benefit;  (f) Enterprises whose products are substantially sold, used or distributed outside this state; and  (g) Renewable energy generation projects.  (Added to NRS by 1985, 2175; A 1999, 3358; 2001, 3257)
NV Rev Stat § 349.570 (2021)
2021 Nevada Revised Statutes|Chapter 349 - State Obligations|NRS 349.570 - General power of Director to issue bonds.

When the Director has received requests from one or more cities, counties, lessees, purchasers, other obligors or other enterprises, the Director may issue industrial development revenue bonds to obtain money to fulfill the requests. Title to or in a project may at all times remain in the obligor or the obligor’s designee or assignee and, in that case, the bonds must be secured by a pledge of one or more notes, debentures, bonds or other secured or unsecured debt obligations of the obligor.  (Added to NRS by 1981, 1627)