Nevada § 269.410 Issuance of general and special obligations

Nevada Statutes

§ 269.410 — Issuance of general and special obligations

Nevada § 269.410

Title 21CITIES AND TOWNS

Ch. 269Unincorporated

GENERAL OBLIGATION BONDS FOR PUBLIC IMPROVEMENTS AND FACILITIES

This text of Nevada § 269.410 (Issuance of general and special obligations) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 269.410 (2026).

Text

For any such purpose, the town board or the board of county commissioners, at any time or from time to time, in the name and on the behalf of the town, may issue:

1.General obligations, payable from taxes;

2.General obligations, payable from taxes, which payment is additionally secured by a pledge of gross or net revenues derived from the operation of such capital improvements, and, if so determined by the town board or the board of county commissioners, further secured by a pledge of such other gross or net revenues as may be derived from any other income-producing project of the town or from any license or other excise taxes levied by the town for revenue, as may be legally made available for their payment; and

3.Special obligations.

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For any such purpose, the town board or the board of county commissioners, at any time or from time to time, in the name and on the behalf of the town, may issue:
1. General obligations, payable from taxes;
2. General obligations, payable from taxes, which payment is additionally secured by a pledge of gross or net revenues derived from the operation of such capital improvements, and, if so determined by the town board or the board of county commissioners, further secured by a pledge of such other gross or net revenues as may be derived from any other income-producing project of the town or from any license or other excise taxes levied by the town for revenue, as may be legally made available for their payment; and
3. Special obligations.