Nevada Code § 350.610

Faith of State pledged against repeal, amendment or modification of Local Government Securities Law
Open in Lexace · Ask the AI about this section
The
faith of the State is hereby pledged that the Local Government Securities Law,
any law supplemental or otherwise appertaining thereto, and any other act
concerning the bonds or other municipal securities, taxes or the pledged
revenues or any combination of such securities, such taxes and such revenues
shall not be repealed nor amended or otherwise directly or indirectly modified
in such a manner as to impair adversely any outstanding municipal securities,
until all such securities have been discharged in full or provision for their
payment and redemption has been fully made, including without limitation the
known minimum yield from the investment or reinvestment of moneys pledged
therefor in federal securities.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.