Nevada Code § 350.676

Interim debentures: Maturity; use of proceeds; issuance
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1. Any interim debentures may mature at
such time or times not exceeding a period of time equal to the estimated time
needed to effect the purpose or purposes for which they are issued or for which
the bonds are authorized to be issued, but not exceeding 5 years from the date
of the interim debentures, as the governing body may determine.
2. The proceeds of interim debentures
shall be used to defray the cost of a project.
3. Any notes or warrants or both notes and
warrants may be funded with the proceeds of interim debentures, as well as
bonds.
4. Except as otherwise provided in NRS 350.672 to 350.682 , inclusive, interim debentures
shall be issued as provided herein for municipal securities in NRS 350.584 to 350.670 , inclusive, and NRS 350.708 to 350.720 , inclusive.

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