Nevada § 349.240 - Time and duration of levy of special tax

Full text of Nevada Nevada Revised Statutes § 349.240 — Time and duration of levy of special tax, with citation guidance and answers to common questions.

§ 349.240. Time and duration of levy of special tax

Such tax shall be levied immediately after the issuance of any general obligation

securities issued in accordance with the provisions of the State Securities Law, and

annually thereafter, at the times and in the manner provided by law, until all of

the securities, and the interest thereon, have been fully discharged. Such tax may be first levied after the state, acting by and through the Commission,

has contracted to sell any securities but before their issuance.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 349.240

What does Nevada Revised Statutes § 349.240 cover?

Section 349.240 ("Time and duration of levy of special tax") 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 § 349.240?

A common citation format is "Nevada Revised Statutes § 349.240" (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 § 349.240 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.