{"data":{"id":"us-nv/nrs-474.514","jurisdiction":"us-nv","citation":"NRS 474.514","heading":"Limit on indebtedness.","body":"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.","path":["TITLE 42 — PROTECTION FROM FIRE; EXPLOSIVES","CHAPTER 474 - COUNTY FIRE PROTECTION DISTRICTS","DISTRICTS CREATED BY BOARD OF COUNTY COMMISSIONERS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-474.html#NRS474Sec514","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:41Z","sha256":"52ecb4bd1205043186052a677e44afbf84f7df633fdeb3877ee62e7505f7c487","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-474.512","next":"us-nv/nrs-474.515"},"notice":"GroundRules: Original legal text. Not legal advice."}