NRS309.540. Surrender and transfer of property and money; collection and disposition of taxes and special assessments.

      1.  All property and all funds remaining in the treasury of any district shall be:

      (a) Surrendered and transferred to the county in which the district exists and shall become a part of the general fund of the county, if such district is dissolved;

      (b) Transferred to the governmental unit which assumes its obligations and functions, if such district is merged; and from and after the effective date of the merger, all of the laws, rights, powers and duties applicable to the lands and inhabitants of the governmental unit assuming such obligations and functions shall apply with equal force and effect to the lands and inhabitants of the district so merged; or

      (c) Transferred to the consolidated governmental unit, if such district is consolidated.

      2.  All outstanding and unpaid tax sales and levies and all special assessment liens of a dissolved district shall be valid and remain a lien against the property against which they are assessed or levied until paid, subject, however, to the limitations of liens provided by general law. Taxes and special assessments paid after dissolution shall be placed in the general fund of the county in which the property was assessed.

      3.  The board of county commissioners shall have the same power to enforce the collection of all outstanding tax sales of the district as the district would have had if it had not been dissolved, merged or consolidated and the same powers to enforce the collection of special assessments.

      4.  If any area comprising the district or portion thereof is annexed to a city or town within 6 months from the effective date of the dissolution ordinance, a pro rata share of all such property and funds shall be transferred to the municipality.

      (Added to NRS by 1971, 425)