US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Nevada Revised Statutes » TITLE 21—CITIES AND TOWNS » Chapter 269 - Unincorporated Towns » GENERAL OBLIGATION BONDS FOR PUBLIC IMPROVEMENTS AND FACILITIES

NRS 269.400 – “Town” defined.

As used in NRS 269.400 to 269.470, inclusive, “town” means an unincorporated town in the State of Nevada having a population of less than 7,500. (Added to NRS by 1963, 1161; A 1967, 1734; 1969, 1581; 1979, 528)

NRS 269.405 – Powers of board to make public improvements.

The town board or board of county commissioners shall have the power, in addition to other powers conferred upon such boards by this chapter or otherwise: 1. To lay out, extend, change the grade, open and alter the highways, streets and alleys within the town. 2. To require and provide for the macadamizing, oiling, curbing, […]

NRS 269.410 – Issuance of general and special obligations.

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 […]

NRS 269.415 – Applicability of Local Government Securities Law.

Subject to the provisions of NRS 269.410, for any improvements authorized by NRS 269.405, the town board or the board of county commissioners may, on the behalf and in the name of the town, borrow money, otherwise become obligated, and evidence obligations by the issuance of bonds and other town securities, and in connection with […]

NRS 269.425 – Town’s debt limit.

No town shall ever become indebted for any town improvements under the provisions of NRS 269.400 to 269.470, inclusive, or otherwise, by the issuance of such general obligation bonds and other general obligation securities (other than any notes or warrants maturing within 1 year from the respective dates of their issuance), but excluding any outstanding […]