Nevada Revised Statutes 349.942 – ‘Revenue bonds’ defined
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‘Revenue bonds’ means bonds, notes or other securities evidencing a special limited obligation of the State, the principal and interest of which are payable solely out of revenues derived from the financing, leasing or sale of the water project to be financed.
Terms Used In Nevada Revised Statutes 349.942
- 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.