Nev. Rev. Stat. § 539.603

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 539.603 - Proceedings if county officers fail to perform duties pertaining to sinking fund tax
1. Any county auditor who shall fail to enter the minimum sinking fund tax in the manner provided in NRS 539.597 may be forthwith removed from office.
2. In the event of the failure of any official to levy or collect such tax after the recordation of the agreement, as provided in NRS 539.595, the holder or owner of any bond of such district then outstanding may so notify the district attorney of any county in which the district is located, and the district attorney shall thereupon institute appropriate action by mandamus or other judicial proceeding to compel the levy and collection of taxes as provided in the agreement.
3. If any district attorney shall fail to comply with the request of any such holder or owner of the bonds, the attorney general shall forthwith commence such proceedings for and on behalf of the owners and holders of all of the bonds of such district then outstanding and entitled to the benefits of such sinking fund tax.

NRS 539.603

Part 72:64:1919; added 1929, 286; NCL § 8090
Part 72:64:1919; added 1929, 286; NCL § 8090