1. The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981 . The aggregate principal amount of such bonds outstanding at any one time may not exceed $125,000,000. 2. The net proceeds from the sale of the bonds must be deposited in the Fund. 3. The bonds must be redeemed through the Consolidated Bond Interest and Redemption Fund.
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