Nevada § 350.688 - Exchange of outstanding securities held by State or its agencies for funding or refunding
Full text of Nevada Nevada Revised Statutes § 350.688 — Exchange of outstanding securities held by State or its agencies for funding or refunding, with citation guidance and answers to common questions.
§ 350.688. Exchange of outstanding securities held by State or its agencies for funding or refunding
Notwithstanding the provisions of NRS 350.686 or of any other law, this state, acting by and through the State Board of Finance,
may agree with the governing body to exchange any outstanding bonds or other securities
issued by the municipality and held by the State, or any agency, corporation, department
or other instrumentality of the State, for funding or refunding bonds or other funding
securities of the municipality or otherwise to surrender at such price and time and
otherwise upon such conditions and other terms and in such manner as may be mutually
agreeable such outstanding bonds or other securities to the governing body for funding
or refunding at any time prior to their respective maturities or to any date as of
which the municipality has the right and option to call on its behalf such outstanding
securities for prior redemption as expressly provided in the outstanding securities
and any ordinance, trust indenture or other proceedings authorizing their issuance.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 350.688
What does Nevada Revised Statutes § 350.688 cover?
Section 350.688 ("Exchange of outstanding securities held by State or its agencies for funding or refunding") 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 § 350.688?
A common citation format is "Nevada Revised Statutes § 350.688" (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 § 350.688 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.