Nev. Rev. Stat. § 538.206

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 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.

NRS 538.206

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

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