There is a newer version
of
this Statute
2017 Nevada Revised Statutes
Chapter 279 - Redevelopment of Communities
NRS 279.620 - Revolving fund: Establishment; sources.
Universal Citation: NV Rev Stat § 279.620 (2017)
1. At any time after it has adopted a resolution declaring that there is need for an agency to function in the community, the legislative body may establish a redevelopment revolving fund to be kept in the treasury of the community.
2. For the purpose of raising money to be deposited in such fund, the legislative body may appropriate money or the community may issue and sell general obligation bonds.
(Added to NRS by 1959, 666)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
