Nevada § 319.327 - Exemption of interest on Division's bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation
Full text of Nevada Nevada Revised Statutes § 319.327 — Exemption of interest on Division's bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation, with citation guidance and answers to common questions.
§ 319.327. Exemption of interest on Division's bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation
The Division may: 1. Waive, by such means as the Division deems appropriate, any exemption from federal
income taxation of interest on the Division's bonds, notes or other obligations provided
by 26 U.S.C. §§ 103 and 141 to 149 , inclusive, and related portions of the Internal Revenue Code or any succeeding code
or other federal statute providing a similar exemption; or 2. Issue notes, bonds or other obligations, the interest on which is not exempt from
federal income taxation or excluded from gross revenue for the purpose of federal
income taxation, if necessary to carry out the purposes of this chapter.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 319.327
What does Nevada Revised Statutes § 319.327 cover?
Section 319.327 ("Exemption of interest on Division's bonds from federal income taxation: Waiver; issuance of obligations not exempt from taxation") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 319.327?
A common citation format is "Nevada Revised Statutes § 319.327" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 319.327 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.