STATE STATUTES & CODES

NEVADA STATUTES AND CODES

STATE SECURITIES LAW

• 349.150 - Short title.
• 349.152 - Purpose; supplemental nature.
• 349.154 - Definitions.
• 349.156 - “Acquisition” and “acquire” defined.
• 349.158 - “Chair” and “Chair of the Commission” defined.
• 349.160 - “Commercial bank” defined.
• 349.162 - “Commission” defined.
• 349.164 - “Condemnation” and “condemn” defined.
• 349.166 - “Controller” defined.
• 349.168 - “Cost of any project” defined.
• 349.169 - “Disposal” and “dispose” defined.
• 349.1695 - “Equip” and “equipment” defined.
• 349.170 - “Facilities” defined.
• 349.172 - “Federal Government” defined.
• 349.174 - “Federal securities” defined.
• 349.176 - “Governor” defined.
• 349.178 - “Gross revenues” and “gross pledged revenues” defined.
• 349.180 - “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
• 349.182 - “Holder” defined.
• 349.184 - “Improvement” and “improve” defined.
• 349.186 - “Net revenues” and “net pledged revenues” defined.
• 349.188 - “Operation and maintenance expenses” defined.
• 349.192 - “Pledged revenues” defined.
• 349.194 - “Project” defined.
• 349.196 - “Secretary” defined.
• 349.198 - “State securities” and “securities” defined.
• 349.200 - “State” defined.
• 349.202 - “Taxation” defined.
• 349.204 - “Taxes” defined.
• 349.206 - “Treasurer” defined.
• 349.208 - “Trust bank” defined.
• 349.210 - “United States” defined.
• 349.212 - Powers of State in connection with projects.
• 349.213 - Power of eminent domain; reimbursement of public utility for removal and relocation.
• 349.214 - Power of State to become obligated and issue securities for project.
• 349.216 - Types of securities which may be issued; series.
• 349.218 - Notes and warrants: Maturity; extension or funding.
• 349.220 - Temporary bonds: Conditions, terms and provisions; rights and remedies of holder.
• 349.222 - Resolution authorizing issuance of securities: Description of purposes.
• 349.223 - Sale of securities as investment to defray anticipated costs of college.
• 349.224 - General obligations: Types of securities.
• 349.225 - General obligation bonds subject to review and approval of State Board of Finance; exception.
• 349.226 - Special obligations: Types of securities.
• 349.227 - Variable rates of interest for securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement.
• 349.2275 - Variable rates of interest: Exemption from limitations; conclusive findings of Commission that procedure for determination of rates is reasonable.
• 349.228 - Securities issued as general obligations payable from gross revenues: Covenant requiring appropriations to pay expenses of operation and maintenance.
• 349.230 - Securities issued as general obligations constitute outstanding indebtedness of State; exceptions.
• 349.232 - Securities issued as special obligations do not constitute outstanding indebtedness of State.
• 349.234 - Recitals required in state securities.
• 349.236 - Payment of principal of and interest on general obligation bonds from Consolidated Bond Interest and Redemption Fund.
• 349.238 - Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds.
• 349.240 - Time and duration of levy of special tax.
• 349.242 - Payment from State General Fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of State General Fund.
• 349.244 - Application of other available money to payment of interest on and principal of securities issued as general obligations.
• 349.248 - Proceeds of taxes specially appropriated to payment of principal and interest.
• 349.250 - Payment of state securities not to be secured by encumbrance, mortgage or pledge of State’s property; exception.
• 349.251 - Agreement for exchange of payments based on interest rates for state securities issued or proposed to be issued by Commission: Conditions; rates of interest; term of agreement; agreement doe
• 349.252 - Recourse against members of Commission and state officers and agents: Acceptance of securities constitutes waiver and release.
• 349.254 - Covenants in resolution authorizing issuance of special obligations impose no liability against State or its general credit.
• 349.256 - Faith of State pledged against repeal, amendment or modification of State Securities Law.
• 349.260 - Details of state securities provided by resolution.
• 349.262 - Issuance of state securities.
• 349.270 - Securities sold publicly to be sold to responsible bidder making best bid; equal bids.
• 349.274 - Recital in securities conclusive evidence of validity and regularity of issuance.
• 349.276 - Denomination, negotiability and maturity of state securities; rate of interest.
• 349.278 - Payment of principal, interest and premium when due without further order.
• 349.280 - Interest coupons.
• 349.282 - Execution, signing, countersigning and authentication of state securities and coupons.
• 349.284 - Facsimile signatures and seals.
• 349.286 - Securities not invalid because signatories cease to fill offices.
• 349.288 - Adoption of facsimile signature of predecessor in office.
• 349.290 - Redemption before maturity.
• 349.292 - Repurchase of state securities.
• 349.294 - Use of money received from issuance of state securities.
• 349.296 - Disposition of unexpended balance of proceeds after completion of project.
• 349.298 - Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds.
• 349.300 - Special funds and accounts: Creation; purposes.
• 349.302 - Employment of legal and other expert services; contracts for sale and other purposes.
• 349.303 - Delegation of power of Commission to State Treasurer or designee to sign contracts or accept binding bids for purchase of bonds; establishment of certain requirements and approval of certain
• 349.304 - Investment and reinvestment of revenues and proceeds of taxes and securities in federal securities or certain money market mutual funds.
• 349.306 - Covenants and other provisions in state securities.
• 349.308 - Pledged revenues received or credited subject to immediate lien; priority and validity of lien.
• 349.310 - Rights and powers of holders of state securities and trustees.
• 349.312 - Receivers: Appointment; powers and duties.
• 349.314 - Rights and remedies cumulative.
• 349.316 - Failure of holder to proceed does not relieve State, Commission and officers, agents and employees of State of liability for nonperformance of duties.
• 349.318 - Interim debentures: Issuance for general or special obligations.
• 349.320 - Issuance of state securities constituting debt to fund or refund special obligations not constituting indebtedness: Conditions; restrictions.
• 349.322 - Interim debentures: Maturity; use of proceeds; issuance.
• 349.324 - Interim debentures: Security for payment.
• 349.326 - Interim debentures: Extension and funding.
• 349.328 - Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.
• 349.330 - Refunding of general and special obligation bonds: Resolution; trust indenture.
• 349.332 - Calls for prior redemption: Limitations.
• 349.334 - Exchange of outstanding securities held by State or its agencies for funding or refunding.
• 349.336 - Refunding of outstanding securities evidencing long-term loans.
• 349.338 - Refunding bonds: Exchange for outstanding bonds or federal securities; public or private sale.
• 349.340 - Conditions for refunding bonds.
• 349.342 - Refunding bonds: Disposition of proceeds; accrued interest and premium; costs; escrow; trusts.
• 349.344 - Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
• 349.346 - Refunding bonds payable from taxes or pledged revenues.
• 349.348 - Issuance of bonds separately or in combination.
• 349.350 - Other statutory provisions applicable to refunding bonds.
• 349.352 - Conclusive determination of Commission that statutory limitations have been met.
• 349.354 - Bonds and other securities exempt from taxation; exceptions.
• 349.356 - Securities issued as general obligations are legal investments for state money.
• 349.358 - Legal investments for other persons.
• 349.362 - Sufficiency of State Securities Law.

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