Discounts.

Nev. Rev. Stat. § 350.2012
in effect
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Except where the provisions, whenever enacted, of a general or special law or of a special charter otherwise require, securities issued by a political subdivision of this state may be sold at par, above par or below par at a discount of not more than 9 percent of the principal amount, but the effective interest rate must not exceed the limit provided in NRS 350.2011.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-350.htmlFetched: 10/4/2026

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Nev. Rev. Stat. § 350.2012 — Discounts | Nevada Revised Statutes | Corpus