1. A district, upon the affirmative vote of a majority of the board, may borrow money without an election in anticipation of the collection of taxes or other revenues and to issue short-term notes to evidence the amount so borrowed. 2. Such short-term notes: (a) Must be payable from the fund for which the money was borrowed. (b) Must mature in accordance with the provisions of NRS 350.091 . (c) Must not be extended or funded except in compliance with NRS 543.690 .
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