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2014 Nevada Revised Statutes
Chapter 271 - Local Improvements
NRS 271.680 - Limitations on issuance of bonds.

NV Rev Stat § 271.680 (2014) What's This?

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.

(Added to NRS by 2003, 2935)

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