Nevada Revised Statutes 387.305 – Medium-term obligations
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A medium-term obligation for the purpose of meeting a great necessity may be authorized by the board of trustees of a school district in the manner provided in chapter 350 of NRS.
Terms Used In Nevada Revised Statutes 387.305
- 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.