Nevada § 539.453 Levy and collection of annual assessments for payment of interest and redemption of securities

Nevada Statutes

§ 539.453 — Levy and collection of annual assessments for payment of interest and redemption of securities

Nevada § 539.453

Title 48WATER

Ch. 539Irrigation

General

This text of Nevada § 539.453 (Levy and collection of annual assessments for payment of interest and redemption of securities) 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. § 539.453 (2026).

Text

1.For the payment of interest and the redemption of the bonds, notes or certificates of indebtedness, the board of directors shall levy annual assessments for the amount of interest and the redemption of the bonds, notes or certificates of indebtedness upon the lands affected by the local improvement according to the apportionment of benefits, and the assessments shall be delivered to the secretary of the district and entered by the secretary in the assessment book or books thereof.

2.Such assessment or assessments and the collection thereof shall thereafter take the same course as assessments of the district as provided in this chapter.

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1. For the payment of interest and the redemption of the bonds, notes or certificates of indebtedness, the board of directors shall levy annual assessments for the amount of interest and the redemption of the bonds, notes or certificates of indebtedness upon the lands affected by the local improvement according to the apportionment of benefits, and the assessments shall be delivered to the secretary of the district and entered by the secretary in the assessment book or books thereof.
2. Such assessment or assessments and the collection thereof shall thereafter take the same course as assessments of the district as provided in this chapter.