349.278 - Payment of principal, interest and premium when due without further order. - Nevada Statutes

349.278  Payment of principal, interest and premium when due without further order.  The principal of, the interest on and any prior redemption premium due in connection with any state securities shall be paid as the same become due in accordance with the terms of the securities and any resolutions and other proceedings appertaining to their issuance, without any warrant or further order or other preliminaries.

      (Added to NRS by 1967, 783)