Nevada § 350.175 - Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter
Full text of Nevada Nevada Revised Statutes § 350.175 — Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter, with citation guidance and answers to common questions.
§ 350.175. Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter
1. If a municipality wishes to sell its bonds by a negotiated sale, it shall provide
notice of the request for proposals in a manner that ensures that a reasonable number
of underwriters for the size of the bond issue are notified of the request. The governing body of the municipality shall approve the notice. 2. The procedure for a request for proposals established by a municipality, including
any requirement relating to: (a) The rotation of the managing underwriters; and (b) The municipality's policy of equal opportunity concerning the selection of underwriters, must be described in the written statement of the debt management policy of the municipality. 3. A municipality may negotiate the sale of the bonds described in the request for
proposals with the underwriter it selects for not more than 6 years after the date
of the selection of that underwriter. If bonds are not described in the request for proposals or if a negotiated sale occurs
more than 6 years after the selection of an underwriter, the municipality shall request
proposals from underwriters pursuant to subsection 1 before it selects an underwriter
for that negotiated sale. 4. As used in this section, “request for proposals” means a statement which requests
that prospective underwriters submit proposals to the municipality to provide underwriting
services for the negotiated sale.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 350.175
What does Nevada Revised Statutes § 350.175 cover?
Section 350.175 ("Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter") 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 § 350.175?
A common citation format is "Nevada Revised Statutes § 350.175" (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 § 350.175 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.