349.224 - General obligations: Types of securities.

349.224  General obligations: Types of securities.  The State may issue as general obligations any of the following types of state securities:

1.  Notes;

2.  Warrants;

3.  Interim debentures;

4.  Bonds; and

5.  Temporary bonds,

Ê payable from taxes, or payable from taxes and additionally securing such payment by a pledge of net revenues or gross revenues, as the Commission may determine, except as may be otherwise provided in any act supplemental hereto.

(Added to NRS by 1967, 777)