Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 474.514: Limit on indebtedness.

Where this section sits in the code

TITLE 42 — PROTECTION FROM FIRE; EXPLOSIVES
CHAPTER 474 - COUNTY FIRE PROTECTION DISTRICTS
DISTRICTS CREATED BY BOARD OF COUNTY COMMISSIONERS

No indebtedness, as defined in NRS 350.586, including outstanding indebtedness, shall be incurred by any district organized pursuant to NRS 474.460 or 474.533 in an aggregate principal amount exceeding 5 percent of the total last assessed valuation of taxable property (excluding motor vehicles and cattle) situated within the district.

Collected 2026-09-03T05:51:41Z. Source file · JSON

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