Nevada § 350.007 - “Medium-term obligation” defined
Full text of Nevada Nevada Revised Statutes § 350.007 — “Medium-term obligation” defined, with citation guidance and answers to common questions.
§ 350.007. “Medium-term obligation” defined
“ Medium-term obligation ” means an obligation to repay borrowed money evidenced by a note or bond which is
authorized to be issued pursuant to NRS 350.087 to 350.095 , inclusive, and which has a term of 10 years or less. The term does not include an obligation which has a term of less than 1 year and
which is payable in full from money appropriated for the same fiscal year that the
obligation is incurred.
Frequently Asked Questions About Nevada § 350.007
What does Nevada Revised Statutes § 350.007 cover?
Section 350.007 ("“Medium-term obligation” defined") 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 § 350.007?
A common citation format is "Nevada Revised Statutes § 350.007" (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 § 350.007 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.