Nevada Statutes

§ 539.505 — Bond fund: Investment and transfer of surplus money

Nevada § 539.505
JurisdictionNevada
Title 48WATER
Ch. 539Irrigation
Funds

This text of Nevada § 539.505 (Bond fund: Investment and transfer of surplus money) 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. § 539.505 (2026).

Text

1.Surplus money in the bond fund may be placed at interest or invested in approved interest-bearing securities.
2.If, after a full redemption of any bond issue, a surplus then remains in the bond fund, such surplus may, by resolution of the board of directors, be transferred to the general fund.

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Legislative History

[Part 23:64:1919; A 1921, 118 ; 1927, 309 ; 1929, 286 ; 1955, 27 ]—(NRS A 1981, 492 )

Nearby Sections

15
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Bluebook (online)
Nevada § 539.505, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/539.505.