Nevada § 350.550 - “Pledged revenues” defined
Full text of Nevada Nevada Revised Statutes § 350.550 — “Pledged revenues” defined, with citation guidance and answers to common questions.
§ 350.550. “Pledged revenues” defined
“Pledged revenues” means the moneys pledged wholly or in part for the payment of bonds
or other municipal securities issued in accordance with the provisions of the Local
Government Securities Law, and, subject to any existing pledges or other contractual
limitations: 1. May include at the governing body's discretion moneys derived from one, all or
any combination of revenue resources appertaining to any facilities, including without
limitation use and service charges, rents, fees and any other income derived from
the operation or ownership of, from the use or services of, or from the availability
of or services appertaining to, the lease of, any sale or other disposal of, any contract
or other arrangement, or otherwise derived in connection with any facilities or all
or any part of any property appertaining to any facilities; 2. May so include all loans, grants, or contributions to the municipality, if any,
conditional or unconditional, from the Federal Government, the State or any public
body for the payment of the principal of, the interest on, and any prior redemption
premiums due in connection with any municipal securities issued hereunder, or any
combination thereof; and 3. May so include the proceeds of any excise taxes levied and collected by the municipality
or otherwise received by it and authorized by law (other than the Local Government
Securities Law) to be pledged for the payment of municipal securities issued in accordance
with the provisions of the Local Government Securities Law, but excluding the proceeds
of any taxes as defined in NRS 350.560 .
Frequently Asked Questions About Nevada § 350.550
What does Nevada Revised Statutes § 350.550 cover?
Section 350.550 ("“Pledged revenues” 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 § 350.550?
A common citation format is "Nevada Revised Statutes § 350.550" (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 § 350.550 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.