Nevada § 350.572 - Types of securities which may be issued; series

§ 350.572. Types of securities which may be issued; series

The municipality may issue, in one series or more, without the municipal securities

being authorized at any election in the absence of an expressed provision to the contrary

in the act authorizing the project and the issuance of municipal securities therefor

or in any act supplemental thereto, in anticipation of taxes or pledged revenues,

or both, and constituting either general obligations or special obligations of the

municipality, any one or more or all of the following types of municipal securities: 1. Notes, evidencing any amount borrowed by the municipality; 2. Warrants, evidencing the amount due to any person for any services or supplies,

equipment or other materials furnished to or for the benefit of the municipality and

appertaining to a project; 3. Bonds, evidencing any amount borrowed by the municipality and constituting long-term

financing; 4. Temporary bonds, pending the preparation of and exchangeable for definitive bonds

of like character and in like principal amount when prepared and issued in compliance

with the conditions and limitations herein provided; and 5. Interim debentures, evidencing any medium-term obligations, construction loans,

and other temporary loans of not exceeding 10 years, in supplementation of long-term

financing and the issuance of bonds, as provided in NRS 350.672 to 350.682 , inclusive.