{"data":{"id":"us-nv/nrs-271.63155","jurisdiction":"us-nv","citation":"NRS 271.63155","heading":"Financing or refinancing: Assessment on real property; bonds.","body":"1. Except as otherwise provided in this section, a qualified improvement project must be financed or refinanced only through an assessment on the real property that secures the direct financing or refinancing obtained from a capital provider pursuant to a financing agreement.\n2. In addition to, but not in lieu of the direct financing or refinancing described in subsection 1, a qualified improvement project may be financed or refinanced through an assessment on the real property to secure bonds issued pursuant to NRS 271.475. Any bonds issued for a qualified improvement project:\n(a) Shall not constitute the debt or indebtedness of the municipality within the meaning of any provision or limitation of the Constitution of the State of Nevada or statute;\n(b) Shall not be secured by a pledge of the general credit or taxing power of the municipality or by the surplus and deficiency fund established pursuant to NRS 271.428; and\n(c) Shall not be used in furtherance of or in support of direct financing or refinancing from a capital provider.","path":["TITLE 22 — COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL TRANSPORTATION COMMISSIONS; PLANNING AND ZONING; DEVELOPMENT AND REDEVELOPMENT","CHAPTER 271 - LOCAL IMPROVEMENTS","DISTRICT TO FINANCE CERTAIN ENERGY EFFICIENCY IMPROVEMENT PROJECTS AND RENEWABLE ENERGY PROJECTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-271.html#NRS271Sec63155","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:36Z","sha256":"cb50032566b5b97fc4c6978d45bf4444700addad094efc3450313856f154cf08","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-271.6315","next":"us-nv/nrs-271.6316"},"notice":"GroundRules: Original legal text. Not legal advice."}