Nevada § 349.232 - Securities issued as special obligations do not constitute outstanding indebtedness of State
Full text of Nevada Nevada Revised Statutes § 349.232 — Securities issued as special obligations do not constitute outstanding indebtedness of State, with citation guidance and answers to common questions.
§ 349.232. Securities issued as special obligations do not constitute outstanding indebtedness of State
Any other state securities (except general obligation notes and general obligation
warrants) constitute special obligations of the State, and all such other securities
(including all notes and warrants, general obligations or special obligations, payable
within 1 year from date) do not constitute outstanding indebtedness of the State nor
exhaust its debt-incurring power under any such debt limitation.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.232
What does Nevada Revised Statutes § 349.232 cover?
Section 349.232 ("Securities issued as special obligations do not constitute outstanding indebtedness of State") 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 § 349.232?
A common citation format is "Nevada Revised Statutes § 349.232" (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 § 349.232 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.