1. The total of all general obligation bonds and other general obligation securities constituting a debt (but excluding revenue bonds and other securities constituting special obligations) issued to finance any undertaking authorized in NRS 710.400 to 710.590, inclusive, and issued for all other corporate purposes must not at any time exceed the debt limitation in NRS 269.410.
2. This section does not prevent the town from funding, refunding or reissuing any securities of the town appertaining to the system as provided in the Local Government Securities Law, except as therein limited.
[Part 4:169:1911; RL § 943; NCL § 1330]—(NRS A 1967, 1227; 1969, 1612; 1985, 325)
Structure Nevada Revised Statutes
Chapter 710 - Utilities Owned by Local Governments
NRS 710.020 - NRS 710.030 to 710.145, inclusive, supplementary to NRS 710.010.
NRS 710.035 - Issuance of bonds: Purposes; procedure.
NRS 710.040 - Limitations on issuance of general and special obligation bonds and other securities.
NRS 710.050 - Applicability of Local Government Securities Law.
NRS 710.145 - Conditions for extending certain services outside county boundaries.
NRS 710.151 - Sale or lease of system: Institution of proceedings by petition or resolution.
NRS 710.152 - Sale or lease of system: Measure and explanation to be drafted by district attorney.
NRS 710.153 - Sale or lease of system: Requirements for notice of registration of electors.
NRS 710.170 - Powers of board of county commissioners.
NRS 710.180 - Plants and works deemed public uses; eminent domain.
NRS 710.190 - Title vested in county.
NRS 710.210 - Limitations on issuance of general and special obligation bonds and other securities.
NRS 710.220 - Applicability of Local Government Securities Law.
NRS 710.270 - Liability of county treasurer on official bond.
NRS 710.280 - Existing laws to govern.
NRS 710.300 - Title vested in county or city subject to provisions of agreement.
NRS 710.320 - Limitations on issuance of general obligation bonds and securities.
NRS 710.390 - Applicability of Local Government Securities Law.
NRS 710.410 - Purchase and construction of systems by county commissioners.
NRS 710.420 - Procedure for construction or purchase of system.
NRS 710.430 - Issuance of bonds for purchase, construction, acquisition or improvement of system.
NRS 710.440 - Limitations on issuance of general obligation bonds and securities.
NRS 710.450 - Applicability of Local Government Securities Law.
NRS 710.540 - Board of county commissioners to fix rates and regulate use of system.
NRS 710.550 - Contingent Funds: Creation; use; surplus assigned as redemption fund for bonds.
NRS 710.570 - Procedure when town becomes incorporated city.
NRS 710.580 - Liability of county treasurer or city treasurer on official bond.
NRS 710.590 - No additional compensation for county commissioners and treasurers.