There is a newer version of the Nevada Revised Statutes
2011 Nevada Revised Statutes
Chapter 266 - General Law for Incorporation of Cities and Towns
NRS 266.525 - Money from special assessment kept as special fund; restrictions on use.
NV Rev Stat § 266.525 (2011) What's This?
All moneys received from any special assessment shall be held by the treasurer as a special fund, to be applied to payment for the improvement for which the assessment was made, and the money shall be used for no other purpose whatever.
[63:125:1907; RL 829; NCL 1164]
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