Bond fund: Investment and transfer of surplus money.
Nev. Rev. Stat. § 539.505
in effect1. Surplus money in the bond fund may be placed at interest or invested in approved interest-bearing securities.
2. If, after a full redemption of any bond issue, a surplus then remains in the bond fund, such surplus may, by resolution of the board of directors, be transferred to the general fund.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-539.htmlFetched: 10/4/2026
