Nevada § 349.850 - Bonds: Legal investments
Full text of Nevada Nevada Revised Statutes § 349.850 — Bonds: Legal investments, with citation guidance and answers to common questions.
§ 349.850. Bonds: Legal investments
The bonds are legal investments in which all public officers and public bodies of
the State, its political subdivisions, all municipalities and municipal subdivisions,
all insurance companies and associations and other persons carrying on an insurance
business, all banks, savings and loan associations, savings banks and trust companies,
all administrators, guardians, executors, trustees and other fiduciaries, and all
other persons who are authorized on or after July 1, 1985, to invest in bonds or in
other obligations of this state, may properly and legally invest funds, including
capital, in their control or belonging to them. The bonds are securities which may properly and legally be deposited with and received
by all public officers and public bodies of the State or any agency or political subdivision
of the State and all municipalities and public corporations for any purpose for which
the deposit of bonds or other obligations of this state is authorized by law on and
after July 1, 1985, and may be used as collateral to secure any deposit of public
money.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.850
What does Nevada Revised Statutes § 349.850 cover?
Section 349.850 ("Bonds: Legal investments") 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 § 349.850?
A common citation format is "Nevada Revised Statutes § 349.850" (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 § 349.850 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.