268.622 - “Majority of the property owners” defined. - Nevada Statutes

268.622  “Majority of the property owners” defined.  “Majority of the property owners” in a territory means the owners of real property:

      1.  Whose combined value is greater than 50 percent of the total value of real property in the territory, as determined by assessment for taxation; and

      2.  Whose combined area is greater than 50 percent of the total area of the territory excluding lands held by public bodies.

      (Added to NRS by 1967, 1620; A 1971, 278)