Nevada Revised Statutes 354.510 – ‘Debt service fund’ defined
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‘Debt service fund’ means a fund to account for the accumulation of resources for and the payment of principal or interest on any general long-term debt or medium-term obligation.
Terms Used In Nevada Revised Statutes 354.510
- 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.