NRS 271.680
Limitations on issuance of bonds.

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.

ALTERNATIVE PROCEDURE FOR LOCAL IMPROVEMENTS

Source: Section 271.680 — Limitations on issuance of bonds., https://www.leg.state.nv.us/NRS/NRS-271.html#NRS271Sec680.

271.650
Pledge of sales or use tax proceeds in assessment ordinance for project in certain counties: Amount 271.660
Agreement with Department of Taxation regarding distribution of pledged amounts. 271.670
Agreement with owner of property interest in district to defray cost of local governmental services during term of pledge: Contents 271.680
Limitations on issuance of bonds.

Last Updated

Feb. 5, 2021

§ 271.680’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_271.680

Original Source: Section 271.680 — Limitations on issuance of bonds., https://www.leg.state.nv.us/NRS/NRS-271.html#NRS271Sec680 (last accessed Feb. 5, 2021).

NRS 271.680 Limitations on issuance of bonds.

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NRS 271.680
Limitations on issuance of bonds.