Nev. Rev. Stat. § 318A.450

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 318A.450 - Reserve funds

Subject to the provisions of subsection 2 of NRS 318A.400, whenever any indebtedness or other obligations have been incurred by a district, it shall be lawful for the board to levy taxes and collect revenue for the purpose of creating funds in such amount as the board may determine, which may be used to meet the obligations of the district, for maintenance and operating charges and depreciation, and provide extension of and betterments to the improvements of the district.

NRS 318A.450

Added to NRS by 2017, 2712
Added by 2017, Ch. 403,§39, eff. 7/1/2017.