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Nev. Rev. Stat. § 387.400

Limitation on bonded indebtedness of county school district

Nevada · Nevada Revised Statutes Chapter 387 — Financial Support of School System · Status: effective

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Nev. Rev. Stat. § 387.400, Limitation on bonded indebtedness of county school district, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2109939
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The total bonded indebtedness of a county school district must at no time exceed an amount equal to 15 percent of the total of the last assessed valuation of taxable property, excluding motor vehicles, situated within the county school district.