There is a newer version
of
this Statute
2019 Nevada Revised Statutes
Chapter 539 - Irrigation Districts
NRS 539.280 - Payment in installments; rate of interest; assessment and levy; lien.
Universal Citation: NV Rev Stat § 539.280 (2019)
1. The contract with the United States may also call for the payment of the amount or any part thereof to be paid by the district to the United States at such times and in such installments and with such interest charges, which must not exceed by more than 5 percent the Index of Revenue Bonds which is in effect at the time the agreement is made, as may be agreed upon, and for assessment and levy therefor as provided in this chapter.
2. The obligations of those contracts are a prior lien to any subsequent bond issue.
[Part 55:64:1919; 1919 RL p. 3288; NCL § 8073] — (NRS A 1971, 2127; 1975, 875; 1981, 1418; 1983, 586; 1985, 2062)
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.
