reglab/housing_qa huggingface dataset:
NV Rev Stat § 354.725 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.725 - Severe financial emergency: Termination or modification of management of local government on motion of Nevada Tax Commission or at request of local government or Committee on Local Government Finance.

  1. The Nevada Tax Commission may, on its own motion or at the request of a local government or the Committee, terminate the management of a local government by the Department at any time upon a finding that the severe financial emergency has ceased to exist.  2. The governing body of a local government which has complied with all requests made by the Department pursuant to NRS 354.695 may petition the Nevada Tax Commission for termination or modification of the management of the local government by the Department or of any request made by the Department pursuant to NRS 354.695.  3. The Commission shall not terminate or modify the management of a local government pursuant to subsection 1 or 2 without first obtaining a recommendation from the Committee as to the termination or modification.  4. The Nevada Tax Commission shall provide notice, a hearing and a written decision on each such petition.  5. In determining whether a condition of severe financial emergency should be terminated, the Nevada Tax Commission shall give consideration to the following:  (a) The local governing body has shown a desire and capability to manage the financial affairs of the local government in accordance with the provisions of NRS.  (b) The local government has staff available with sufficient financial expertise that they can adequately control the finances of the local government.  (c) All violations of statutes have been corrected.  (d) The local government has no funds with deficit fund balances.  (e) The local government has increased its revenues or made appropriate expenditure reductions so that it is anticipated that it can operate for the next fiscal year in a positive cash and fund balance position without imposing any increased or additional tax pursuant to NRS 354.705.  (f) The governing body has expressed a determination through a resolution submitted to the Department of Taxation to manage the affairs of the local government in accordance with the provisions of NRS relating to financial matters and utilizing sound accounting and financial management practices.  6. The Nevada Tax Commission may require the governing body to submit special reports to the Department for a period not to exceed 5 years as a condition of terminating the management of the local government by the Department.  7. When a petition relating to a specific request is denied, the governing body may not resubmit a petition to terminate or modify that request until 3 months following the date of denial.  (Added to NRS by 1995, 143; A 1995, 1902; 2015, 738)
NV Rev Stat § 354.740 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.740 - Use of lease-purchase and installment-purchase agreements: Legislative findings and declaration.

The Legislature hereby finds and declares that:  1. The authority provided by other specific statutes for the government of this State and the political subdivisions of this State to use lease-purchase and installment-purchase agreements provides an important and valuable option for these governmental entities and, when this authority is used properly, provides great benefit to the residents of this State.  2. The statutory provisions governing the use of lease-purchase and installment-purchase agreements should be interpreted to allow the process of entering into and carrying out these agreements to be as streamlined and efficient as possible.  3. The government of this State and the political subdivisions of this State should not use lease-purchase and installment-purchase agreements to:  (a) Engage in or allow bid-shopping; or  (b) Avoid or circumvent any requirement regarding the payment of prevailing wages for public works.  4. When using lease-purchase and installment-purchase agreements, the government of this State and the political subdivisions of this State should provide for the preferential hiring of Nevada residents to the extent otherwise required by law.  5. If a lease-purchase or installment-purchase agreement pursuant to this section involves the construction, alteration, repair or remodeling of an improvement:  (a) The person or entity that executes one or more contracts or agreements for the actual construction, alteration, repair or remodeling of the improvement shall include in such a contract or agreement the contractual provisions and stipulations that are required to be included in a contract for a public work pursuant to the provisions of NRS 338.013 to 338.090, inclusive.  (b) The government of this State or a political subdivision of this State, the contractor who is awarded the contract or entered into the agreement to perform the construction, alteration, repair or remodeling of the improvement and any subcontractor on the project shall comply with the provisions of NRS 338.013 to 338.090, inclusive, in the same manner as if the government of this State or a political subdivision of this State had undertaken the project or had awarded the contract.  (Added to NRS by 2007, 831; A 2009, 2072; 2015, 30, 2654)
NV Rev Stat § 354.750 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.750 - Alternative method for local government to borrow money or purchase or lease property.

  1. A local government may borrow money or purchase or lease property or facilities from a nonprofit corporation or trustee in conjunction with one or more other local governments, and in connection therewith may sell or lease property or facilities to the nonprofit corporation or trustee, in each case with such maturity, term, payment, security, pledge, default, remedy, prepayment, redemption, interest rate and other terms or provisions as may be specified in the loan, loan purchase, installment sale, lease or other agreement or note entered into by the local government for that purpose if:  (a) Each participating local government determines that it will benefit from economies of scale in borrowing money or purchasing or leasing property in conjunction with one or more other local governments pursuant to this section; and  (b) In the case of borrowing to finance operations and other noncapital purposes, the amount borrowed and the interest payable thereon, at the initial interest rate if interest is variable, does not exceed 85 percent of the estimated amount of uncollected taxes, income, revenue, cash receipts and other money of the local government which will be available during the term of the agreement for the repayment of the loan and the interest thereon. As used in this paragraph, "revenue" includes, without limitation, federal and state money received by the local government.  2. A local government may enter into an agreement for liquidity or credit enhancement, with such reimbursement, term, payment, security, pledge, default, remedy, interest rate and other terms, and may invest the proceeds of any borrowing, sale or lease under this section or any certificates of participation therein and any money pledged or set aside for the payment or security thereof in such securities or obligations, as the local government deems necessary or appropriate in connection with any borrowing, sale or lease pursuant to this section. A local government may also do all things and execute all documents that may be necessary or desirable in connection with the issuance of certificates of participation, or other interests, in any loan, note, installment sale, lease or other agreement of the local government entered into pursuant to this section or otherwise necessary to effectuate the purposes of this section, and may authorize a nonprofit corporation or trustee to act as its agent for purposes of entering into any trust, liquidity, credit, investment or other agreement in connection with financing pursuant to this section.  3. This section provides a complete, additional and alternative method for accomplishing the acts authorized by this section and must be liberally construed to accomplish its purposes.  4. As used in this section, "local government" has the meaning ascribed to it in NRS 354.474.  (Added to NRS by 1989, 1259)
NV Rev Stat § 354.760 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.760 - Notice to debtor of required payee of negotiable instrument.

  1. All invoices or other notices issued by a local government to collect an account receivable must state that if the debtor wishes to pay by check or other negotiable instrument, such negotiable instrument must name as payee:  (a) The local government; or  (b) The title of the governmental official charged by law with the collection of such accounts.  In no event may the invoice or other notice state that a check or other negotiable instrument may name a natural person as payee.  2. Notwithstanding the provisions of subsection 1, a local government may deposit into the appropriate account a check or other negotiable instrument which it determines is intended as payment for an account receivable.  3. As used in this section, "local government" means every political subdivision or other entity which has the right to levy or receive money from ad valorem taxes or other taxes or from any mandatory assessments, including, without limitation, counties, cities, towns, boards, authorities, school districts and other districts organized pursuant to chapters 244, 244A, 318, 318A, 379, 439, 450, 474, 539, 541, 543 and 555 of NRS.  (Added to NRS by 1997, 1498; A 2015, 2229; 2017, 2037, 2722)
NV Rev Stat § 354.770 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.770 - Acceptance of payments by credit card, debit card or electronic transfers of money.

  1. A local government may enter into contracts with issuers of credit cards or debit cards, or operators of systems that provide for the electronic transfer of money to provide for the acceptance of credit cards, debit cards or electronic transfers of money by the local government:  (a) For the payment of money owed to the local government for taxes, interest, penalties or any other obligation; or  (b) In payment for goods or services.  2. If the issuer or operator charges the local government a fee for each use of a credit card or debit card or for each electronic transfer of money, the local government may require the cardholder or the person requesting the electronic transfer of money to pay a convenience fee when appropriate and authorized. The total convenience fees charged by the local government in a fiscal year must not exceed the total amount of fees charged to the local government by the issuer or operator in that fiscal year.  3. As used in this section:  (a) "Cardholder" means the person or organization named on the face of a credit card or debit card to whom or for whose benefit the credit card or debit card is issued by an issuer.  (b) "Convenience fee" means a fee paid by a cardholder or person requesting the electronic transfer of money to a local government for the convenience of using the credit card or debit card or the electronic transfer of money to make such payment.  (c) "Credit card" means any instrument or device, whether known as a credit card or credit plate, or by any other name, issued with or without a fee by an issuer for the use of the cardholder in obtaining money, property, goods, services or anything else of value on credit.  (d) "Debit card" means any instrument or device, whether known as a debit card or by any other name, issued with or without a fee by an issuer for the use of the cardholder in depositing, obtaining or transferring funds.  (e) "Electronic transfer of money" has the meaning ascribed to it in NRS 463.01473.  (f) "Issuer" means a business organization, financial institution or authorized agent of a business organization or financial institution that issues a credit card or debit card.  (g) "Local government" has the meaning ascribed to it in NRS 354.474, except that the term does not include a court that has entered into a contract pursuant to NRS 1.113.  (Added to NRS by 1997, 1323; A 1999, 70; 2001, 1322; 2009, 1573)
NV Rev Stat § 354.780 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.780 - Placement of automated tellers at locations where local government receives payments.

  1. A local government may enter into contracts with financial institutions or other business organizations for the placement of automated tellers at locations where the local government receives payments of money.  2. As used in this section:  (a) "Automated teller" means an electronic device that dispenses cash in connection with an account maintained in a financial institution or with another business.  (b) "Local government" has the meaning ascribed to it in NRS 354.474.  (Added to NRS by 1997, 1323)
NV Rev Stat § 354.790 (2021)
2021 Nevada Revised Statutes|Chapter 354 - Local Financial Administration|NRS 354.790 - Additional fee for providing service to customer in expeditious or convenient manner.

  1. Except as otherwise provided by specific statute, a local government may charge, in addition to the fee otherwise imposed for a service provided by the local government, a reasonable fee for providing the service in an expedited manner or in a manner that is expeditious or convenient to the customer.  2. The fee authorized pursuant to subsection 1 must not exceed 5 percent of the fee otherwise imposed.  3. As used in this section, "local government" has the meaning ascribed to it in NRS 354.474.  (Added to NRS by 1997, 1323)
NV Rev Stat § 355.005 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.005 - Regulations of State Treasurer.

The State Treasurer shall adopt regulations which the State Treasurer deems necessary to carry out his or her duties pursuant to the provisions of this chapter.  (Added to NRS by 1995, 407)
NV Rev Stat § 355.010 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.010 - Creation; members.

  1. The State Board of Finance is hereby created.  2. The State Board of Finance shall consist of the Governor, the State Controller, the State Treasurer and two other members to be appointed by the Governor for terms of 4 years each.  3. At least one of the members appointed by the Governor shall be actively engaged in commercial banking in this state.  [Part 1:212:1917; A 1919, 284; 1919 RL p. 3146; NCL § 6962] + [Part 1:93:1919; 1919 RL p. 3109; NCL § 6956] + [Part 2:93:1919; 1919 RL p. 3109; NCL § 6957] — (NRS A 1969, 1200)
NV Rev Stat § 355.020 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.020 - Salary for appointive members; compensation for members and employees.

  1. The two members appointed by the Governor are each entitled to receive a salary of not more than $80 per day, as fixed by the State Board of Finance, for their services while actually engaged in the performance of their duties as members of the Board.  2. While engaged in the business of the Board, each member and employee of the Board is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.  [Part 2:93:1919; 1919 RL p. 3109; NCL § 6957] — (NRS A 1969, 1200; 1975, 298; 1981, 1980; 1989, 1712)
NV Rev Stat § 355.030 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.030 - Legal adviser; Secretary.

  1. The Attorney General is the legal adviser of the State Board of Finance.  2. The Chief Deputy State Treasurer is ex officio Secretary of the State Board of Finance.  [3:93:1919; 1919 RL p. 3110; NCL § 6958] + [4:93:1919; 1919 RL p. 3111; NCL § 6959] — (NRS A 1969, 1201; 1977, 561)
NV Rev Stat § 355.040 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.040 - Records.

The State Board of Finance shall keep a permanent record of all its meetings, in which record shall be:  1. Recorded the aye and nay vote of the members of the Board upon all questions presented to the Board.  2. Kept all opinions of the Attorney General as required by the provisions of this chapter.  [3:212:1917; 1919 RL p. 3147; NCL § 6964]
NV Rev Stat § 355.045 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.045 - General duties.

The State Board of Finance shall review and approve or disapprove the policies established by the State Treasurer for investment of money of the State and of money in the Local Government Pooled Investment Fund. The Board shall review both sets of policies at least every 4 months.  (Added to NRS by 1979, 723; A 1981, 496; 1997, 1282)
NV Rev Stat § 355.050 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.050 - State Treasurer charged with investment of money in Fund.

The State Treasurer shall have charge of all the investments of money and the sale of all securities of the State Permanent School Fund.  [Part 1:212:1917; A 1919, 284; 1919 RL p. 3146; NCL § 6962] — (NRS A 1979, 724)
NV Rev Stat § 355.070 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.070 - Determinations to be made before investment; opinion of Attorney General.

  1. Except as otherwise provided in subsection 3, the State Treasurer shall:  (a) Make diligent inquiry as to the financial standing and responsibility of any state, county or person in whose bonds or securities on agricultural lands the State Treasurer proposes to invest.  (b) Require the Attorney General to:  (1) Give his or her written legal opinion as to the validity of any act of any state or county under which the bonds or securities are issued and authorized and in which the State Treasurer contemplates investment.  (2) Examine and give his or her written opinion upon the title and the abstract of title of all agricultural land on which the State contemplates taking mortgages.  2. If the State Treasurer is satisfied as to the financial standing and responsibility of the state or county whose bonds or securities the State Treasurer proposes to purchase, or is satisfied of the financial standing and responsibility of the person whose mortgages on agricultural land are offered to the State, and the Attorney General gives his or her written opinion that the act under which the bonds or securities are issued is valid and that the issues were regularly made, or approves the abstract of title of the agricultural land proposed to be mortgaged, the State Treasurer may make the investment.  3. The provisions of this section do not apply to loans of money from the State Permanent School Fund made pursuant to NRS 387.526.  [Part 2:212:1917; A 1925, 221; 1919 RL p. 3146; NCL § 6963] — (NRS A 1979, 570; 1981, 361; 1997, 2713; 1999, 599)
NV Rev Stat § 355.080 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.080 - Restrictions on investment in county bonds.

No part of the State Permanent School Fund may be invested in the bonds of any county whose entire bonded indebtedness for all purposes exceeds 10 percent of its assessed valuation; and the amount of bonds of any county purchased or invested in by the State Treasurer may not, in the aggregate, exceed 4 percent of the assessed valuation of any county.  [5:212:1917; A 1928, 30; 1947, 267; 1943 NCL § 6966] — (NRS A 1979, 724)
NV Rev Stat § 355.090 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.090 - Conversion of bonds or securities into cash; reinvestment.

The State Treasurer may convert into cash any of the bonds or securities in which any part of the State Permanent School Fund is invested by selling them in the open market to the highest bidder or bidders, the proceeds thereof to be placed by the State Treasurer in the State Permanent School Fund to be reinvested as provided in NRS 355.060 and 355.070.  [4:212:1917; 1919 RL p. 3147; NCL § 6965] — (NRS A 1979, 724)
NV Rev Stat § 355.100 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.100 - Loans on agricultural lands: Abstract; appraisal.

  1. Any person desiring to obtain a loan from the State Permanent School Fund on agricultural land shall:  (a) Make written application to the State Board of Finance; and  (b) At the same time, furnish to the State Board of Finance a full and complete abstract of title to the property offered as security for the loan.  2. If the abstract is approved by the Attorney General and it appears that the person offering such mortgage has an exceptional title free from all encumbrances, the State Board of Finance forthwith shall appoint an appraiser or appraisers to view the land and improvements thereon and make a report to the State Board of Finance of the value thereof. The person desiring to obtain the loan shall pay the cost of the appraiser or appraisers which may be incurred, not to exceed $5 per day and expenses.  [6:212:1917; 1919 RL p. 3147; NCL § 6967] + [8:212:1917; 1919 RL p. 3147; NCL § 6969]
NV Rev Stat § 355.110 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.110 - Loans on agricultural lands: Execution and recording of note and mortgage; provisions.

  1. If the abstract is approved by the Attorney General and the title is in accordance with the requirements of NRS 355.100, and the written report of the appraiser or appraisers is satisfactory to the State Board of Finance, the loan shall be made. The person obtaining the loan shall execute a note payable to the State of Nevada for the State Permanent School Fund for the amount thereof, and shall execute as security for the payment of the note a mortgage upon the lands to be given as security in a form and manner to be approved by the Attorney General. The mortgage shall be recorded as other mortgages of real property are recorded.  2. Every loan made upon a mortgage on agricultural land shall be payable in not to exceed 10 years, and provision shall be made for partial payments annually or semiannually to the State Treasurer, but no payments shall be made in an amount less than $100 and interest accruing. All payments of interest and payments upon principal shall be made semiannually on June 1 and December 1 of each year.  [7:212:1917; 1919 RL p. 3147; NCL § 6968]
NV Rev Stat § 355.120 (2021)
2021 Nevada Revised Statutes|Chapter 355 - Public Investments|NRS 355.120 - Investment in farm mortgage loans, farm loan bonds and other obligations issued by federal land banks and banks for cooperatives; limitations.

The State Treasurer may invest any available money in the State Treasury, other than that in the State Permanent School Fund and that in the State Insurance Fund, in farm mortgage loans fully insured and guaranteed by the Farmers Home Administration of the United States Department of Agriculture, farm loan bonds, consolidated farm loan bonds, debentures, consolidated debentures and other obligations issued by federal land banks and federal intermediate credit banks under the authority of the Federal Farm Loan Act, formerly 12 U.S.C. §§ 636 to 1012, inclusive, and §§ 1021 to 1129, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 to 2259, inclusive, as now or hereafter amended, and bonds, debentures, consolidated debentures and other obligations issued by banks for cooperatives under the authority of the Farm Credit Act of 1933, formerly 12 U.S.C. §§ 1131 to 1138e, inclusive, and the Farm Credit Act of 1971, 12 U.S.C. §§ 2001 to 2259, inclusive, as now or hereafter amended.  [5a:93:1919; added 1953, 303] — (NRS A 1959, 34; 1973, 1089; 1979, 724; 1991, 471)