Nevada § 350.185 - Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure
Full text of Nevada Nevada Revised Statutes § 350.185 — Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure, with citation guidance and answers to common questions.
§ 350.185. Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure
1. The governing body of a municipality which sells bonds by a negotiated sale shall
establish a procedure for the selection of a proposal for the sale of the bonds. The procedure must include a consideration of: (a) The ability and experience of the responding underwriter in the underwriting of
bonds sold by competitive bid or negotiated sale; (b) The degree to which the proposal of the responding underwriter meets the needs
of the municipality and minimizes the risk and cost to the municipality; (c) An estimation of any fees or other elements of the gross spread between the price
paid to the municipality for the bonds and the price at which the bonds are sold to
investors; (d) Any other fees, charges or commissions which the municipality will be required
to pay in connection with the issuance of the bonds; and (e) Any fees paid by the underwriter to persons who are not employees of the underwriter
to obtain business from the municipality. 2. The chief administrative officer of the municipality shall certify that the procedure
for selecting a proposal for the negotiated sale pursuant to NRS 350.175 was conducted in an open and fair manner.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 350.185
What does Nevada Revised Statutes § 350.185 cover?
Section 350.185 ("Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure") 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 § 350.185?
A common citation format is "Nevada Revised Statutes § 350.185" (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 § 350.185 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.