Nevada Revised Statutes 349.236 – Payment of principal of and interest on general obligation bonds from Consolidated Bond Interest and Redemption Fund
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Payment of the principal of and the interest on general obligation bonds shall be made from the Consolidated Bond Interest and Redemption Fund of the State of Nevada, under the provisions of NRS 349.080 to 349.140, inclusive, except as herein otherwise provided.
Terms Used In Nevada Revised Statutes 349.236
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.