Nevada § 315.99852 - Notes, bonds and other obligations: Redemption; remarketing or refunding

§ 315.99852. Notes, bonds and other obligations: Redemption; remarketing or refunding

1. The Authority, subject to such agreements with noteholders or bondholders as may

then exist, may, out of any money available therefor, purchase its notes or bonds

to retire and cancel them. The price must not exceed: (a) The redemption price then applicable plus accrued interest to the next interest

payment thereon if the notes or bonds are then redeemable; or (b) The redemption price applicable on the first date after the purchase upon which

the notes or bonds become subject to redemption plus accrued interest to that date

if the notes or bonds are not redeemable. 2. The Authority may, in connection with any remarketing or refunding of its notes

or bonds or for any of its purposes, acquire, or cause to be acquired, its notes or

bonds without retiring and cancelling them.