Nevada § 539.620 Directors may fix and determine time for issuance and maturity; limit on maturity

Nevada Statutes

§ 539.620 — Directors may fix and determine time for issuance and maturity; limit on maturity

Nevada § 539.620

Title 48WATER

Ch. 539Irrigation

General Provisions

This text of Nevada § 539.620 (Directors may fix and determine time for issuance and maturity; limit on maturity) 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. § 539.620 (2026).

Text

The board of directors may, with the approval of the Department of Taxation, fix and determine otherwise than as provided in NRS 539.617 the time for the issuance and maturity of the bonds, the manner, method, terms and conditions of their payment, and provide for the calling and redeeming of the bonds before maturity at a premium not in excess of 9 percent above par; but in no case may the maturity of any bond be more than 50 years after the date thereof.

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The board of directors may, with the approval of the Department of Taxation, fix and determine otherwise than as provided in NRS 539.617 the time for the issuance and maturity of the bonds, the manner, method, terms and conditions of their payment, and provide for the calling and redeeming of the bonds before maturity at a premium not in excess of 9 percent above par; but in no case may the maturity of any bond be more than 50 years after the date thereof.