Nev. Rev. Stat. § 318A.570

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

Section 318A.570 - Surrender and transfer of property and money

If a district located wholly within a county or city is dissolved or merged into or consolidated with another district, all property and all funds remaining in the treasury of any district must be:

1. Surrendered and transferred to the governing body of the county or city in which the district exists and become a part of the general fund of the county or city, as applicable, if the district is dissolved;

2. Transferred to the district which assumes its obligations and functions, if the district is merged; or

3. Transferred to the consolidated district, if the district is consolidated.

NRS 318A.570

Added to NRS by 2017, 2716

Added by 2017, Ch. 403,§51, eff. 7/1/2017.