Nev. Rev. Stat. § 271.536
Advances of money for certain improvements in lieu of issuance of bonds or interim securities
Nevada · Nevada Revised Statutes Chapter 271 — Local Improvements · Status: effective
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- Citation
- Nev. Rev. Stat. § 271.536, Advances of money for certain improvements in lieu of issuance of bonds or interim securities, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2098044
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Full text
In lieu of issuing bonds or interim securities to defray the cost of an improvement to be constructed by way of a special improvement district, the governing body may advance money to cover that cost from:
1. The general fund of the municipality, if the cost of the improvement does not exceed $300,000; or
2. A proprietary fund, if the municipality has established a proprietary fund for that purpose pursuant to NRS 354.612.