349.214 - Power of State to become obligated and issue securities for project. - Nevada Statutes

349.214  Power of State to become obligated and issue securities for project.  For the purpose of paying the cost of any project authorized by law (other than the State Securities Law), at any time or from time to time the State may borrow money or otherwise become obligated for the project and may evidence any such obligation by the issuance of state securities in accordance with the provisions of the State Securities Law, to the extent otherwise authorized by law.

      (Added to NRS by 1967, 776)