By resolution, an authority may authorize bonds. The resolution, its trust indenture or mortgage may provide for:
- 1. The issuance of bonds in one or more series.
- 2. The date the bonds must bear.
- 3. The date of maturity.
- 4. The interest rate or rates, which must not exceed by more than 3 percent the Index of Revenue Bonds which was most recently published before the bids are received or a negotiated offer is accepted.
- 5. The denomination of the bonds.
- 6. The form of the bonds, either coupon or registered.
- 7. The conversion or registration privileges which the bonds must carry.
- 8. The rank or priority of the bonds.
- 9. The manner of execution of the bonds.
- 10. The medium of payment in which the bonds are payable.
- 11. The place of payment.
- 12. The terms of redemption, with or without premium.
[Part 13:253:1947; 1943 NCL § 5470.13]—(NRS A 1971, 2108; 1975, 853; 1981, 1414; 1983, 583)