NRS 349.077 Discounts.
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/nv/chapter-349-state-obligations/349-077A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 349.077 Discounts. Except as otherwise provided by a specific statute, securities issued by the 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 349.076 .