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.
‹ Prev All Nevada sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.