349.130 - Deficiencies in Fund made up from State General Fund. - Nevada Statutes

349.130  Deficiencies in Fund made up from State General Fund.  The moneys provided for by the terms of NRS 349.080 to 349.140, inclusive, to be paid into the Consolidated Bond Interest and Redemption Fund shall, on all occasions, be applied for the purposes of redemption and interest payments on bonds. If any bonds become due for redemption or any interest thereon becomes due when there is an insufficient sum of money in the Consolidated Bond Interest and Redemption Fund, then any such deficiency forthwith shall be appropriated and paid out of the General Fund of the State.

      [6:197:1939; 1931 NCL § 7056.05]—(NRS A 1957, 233)

      NRS 349.140  Effect of NRS 349.080 to 349.140, inclusive.  The provisions of NRS 349.080 to 349.140, inclusive, are not intended to repeal, modify or otherwise affect the obligations of the State of Nevada or the faith thereof, nor the payment of interest and the redemption of bonds which have been issued prior to March 28, 1939, or which may be issued after March 28, 1939, pursuant to any act of the Legislature.

      [7:197:1939; 1931 NCL § 7056.06]