Obligation defined.
Nev. Rev. Stat. § 682A.149
in effectObligation means evidence of indebtedness for the payment of money or other consideration, whether constituting a general obligation of the issuer or payable only out of certain revenues or certain funds pledged or otherwise dedicated for payment. The term includes, without limitation, a bond, note, debenture, trust certificate, including an equipment certificate, production payment, negotiable bank certificate of deposit, bankers acceptance, credit tenant loan or loan secured by financing net leases.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-682A.htmlFetched: 10/4/2026