The State Treasurer may convert into cash any of the bonds or securities in which any part of the State Permanent School Fund is invested by selling them in the open market to the highest bidder or bidders, the proceeds thereof to be placed by the State Treasurer in the State Permanent School Fund to be reinvested as provided in NRS 355.060 and 355.070. [4:212:1917; 1919 RL p. 3147; NCL § 6965]—(NRS A 1979, 724)
Nevada Legal Code