538.206 - Issuance of general obligations: Consultation with State Treasurer; representation of State before bond credit rating agencies; professional services. - Nevada Statutes

538.206  Issuance of general obligations: Consultation with State Treasurer; representation of State before bond credit rating agencies; professional services.  Before issuing any general obligation which the Commission is authorized by law to issue on behalf and in the name of the State of Nevada, the Commission shall consult the State Treasurer. The Chair of the Commission and the State Treasurer, jointly:

      1.  Shall represent the State of Nevada in matters concerning any nationally recognized bond credit rating agency for the purposes of the issuance of any such obligation.

      2.  May employ any necessary legal, financial or other professional services in connection with the authorization, sale or issuance of any such obligation.

      (Added to NRS by 1995, 2239; A 1999, 73)