Nev. Rev. Stat. § 279.620
Revolving fund: Establishment; sources
Nevada · Nevada Revised Statutes Chapter 279 — Redevelopment of Communities · Status: effective
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- Citation
- Nev. Rev. Stat. § 279.620, Revolving fund: Establishment; sources, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2099534
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Full text
1. At any time after it has adopted a resolution declaring that there is need for an agency to function in the community, the legislative body may establish a redevelopment revolving fund to be kept in the treasury of the community.
2. For the purpose of raising money to be deposited in such fund, the legislative body may appropriate money or the community may issue and sell general obligation bonds.