Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE30 PUBLIC BORROWING AND OBLIGATIONS |
CHAPTER350. Municipal Obligations |
LOCAL GOVERNMENT SECURITIES LAW |
NRS350.594. Time and duration of levy of special tax.
Latest version.
- Such tax shall be levied immediately after the issuance of any general obligation securities issued in accordance with the provisions of the Local Government Securities Law, and annually thereafter, at the times and in the manner provided by law, until all of the securities, and the interest thereon, have been fully discharged. Such tax may be first levied after the municipality has contracted to sell any securities but before their issuance.
(Added to NRS by 1967, 429; A 1975, 866)