Nev. Rev. Stat. § 271.680

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 271.680 - Limitations on issuance of bonds

If the governing body of a municipality adopts an assessment ordinance in accordance with NRS 271.650:

1. None of the bonds, if any, issued for the improvement district may be secured by a pledge of the taxing power or general fund of the municipality; and

2.NRS 271.495 and 271.500 do not apply to any bonds issued for the improvement district.

NRS 271.680

Added to NRS by 2003, 2935