1. As applied to bonds or other securities issued by this state or any political subdivision or municipal or public corporation of this state, "effective interest rate" means the interest rate based on the actual price paid to the public entity, calculated to maturity of the obligation according to standard tables of bond values.
2. When used in a limitation of the rate of interest upon such bonds or other securities, the "Index of Twenty Bonds" and the "Index of Revenue Bonds" refer to these indexes for municipal bonds as most recently published in the daily or weekly version of The Bond Buyer, at One State Street Plaza in New York City.
(Added to NRS by 1969, 1285; A 1983, 570; 1985, 1077; 1989, 587)
Structure Nevada Revised Statutes
Chapter 99 - Money of Account and Interest; Legal Investments
NRS 99.010 - Dollar, cent and mill to be money of account.
NRS 99.030 - Obligations, judgments or executions payable in legal money.
NRS 99.040 - Interest rate when not fixed by express contract for certain types of transactions.
NRS 99.055 - Prepayment of loans.
NRS 99.060 - Definitions relating to public securities.
NRS 99.065 - Public securities: Compound interest authorized; repayment.
NRS 99.067 - Public securities: Interest rate for securities issued on or before June 30, 2011.
NRS 99.070 - Obligations of United States Postal Service and Federal National Mortgage Association.