Nevada § 349.216 - Types of securities which may be issued; series

§ 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.