NRS 541.270
Liens to secure payment of annual installments.

To meet the annual installments as provided in contracts for the use of water:

1.

A water users’ association may bind itself to levy an annual assessment on the use of water and to secure the same by liens on land and water rights or in such manner as may be provided by law.

2.

A mutual ditch or irrigation company may bind itself by mortgage upon its irrigation works and system and levy annual assessments upon its stockholders.

3.

Any person or corporation landowner may create a mortgage lien upon lands or give other security satisfactory to the board; and all such contracts shall provide for forfeiture of the use of water for nonpayment of assessments or installments.

Source: Section 541.270 — Liens to secure payment of annual installments., https://www.­leg.­state.­nv.­us/NRS/NRS-541.­html#NRS541Sec270.

541.010
Short title. 541.020
Definitions. 541.030
Legislative declarations. 541.040
District courts vested with jurisdiction to establish water conservancy districts 541.050
Establishment of district: Requirements 541.060
Filing of bond. 541.070
Time and place for hearing 541.080
Protesting petition 541.090
Findings and decree to be filed with Secretary of State, county recorders and county clerks. 541.100
Board of directors: Appointment 541.110
Directors: Oath 541.120
Quorum of board. 541.130
Duties of secretary 541.140
Powers of board. 541.145
Powers of board concerning irrigation, flood control, drainage, safety and health projects. 541.150
Subdistricts: Organization 541.160
Board may levy and collect taxes and special assessments 541.170
Board to fix rate of levy under class A 541.180
Board may sell or lease water to municipalities upon petition 541.190
Board may sell or lease water to irrigation districts 541.200
Board may sell or lease water to persons and private corporations on petition 541.205
Board may undertake irrigation, flood control, drainage, safety and health projects 541.207
Board or subcontracting agency not required to furnish water for artificially created lake or stream if restricted or prohibited by ordinances 541.210
Board may levy additional assessments to pay deficiencies. 541.220
Board to hear objections to assessments 541.230
Officials charged with duty to collect taxes 541.240
Sale of real property for unpaid taxes and assessments. 541.250
Property exempt from assessments. 541.260
Board may dispose of water under contracts. 541.270
Liens to secure payment of annual installments. 541.280
Board may create sinking fund. 541.290
Powers of board in distribution of water. 541.300
Contracts relating to electrical energy. 541.310
Change of boundaries: Petition for inclusion of other lands 541.320
Petition for exclusion of lands in district 541.330
Board may enter into contracts relative to payments to be made to United States. 541.340
Acquisition of works: Procedure for creation of indebtedness 541.350
Publication of resolution for creation of indebtedness. 541.360
Conduct of election 541.370
Majority vote required to authorize indebtedness 541.380
Board may petition court for judicial determination of orders, acts, power, taxes and contracts. 541.390
Notice 541.400
Cases to be heard by court at earliest practicable moment. 541.410
Liberal construction of chapter. 541.420
Conflicting laws declared nonoperative.
Last Updated

Jun. 24, 2021

§ 541.270’s source at nv​.us