NRS 682A.149 “Obligation” defined.
75 words·~1 min read·
/nv/chapter-682a-investments/682a-149A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 682A.149 “Obligation” defined. “Obligation” 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, banker’s acceptance, credit tenant loan or loan secured by financing net leases.