Nevada Revised Statutes 349.076 – Maximum rate of interest on securities issued by State
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Except as otherwise provided by a specific statute, including, without limitation, NRS 99.067, the rate or rates of interest on securities issued by the State must not exceed by more than 3 percent:
Terms Used In Nevada Revised Statutes 349.076
- Statute: A law passed by a legislature.
1. For general obligations, the Index of Twenty Bonds; and
2. For special obligations, the Index of Revenue Bonds, which was most recently published before the bids are received or a negotiated offer is accepted.