318.245 - Sales for delinquencies. - Nevada Statutes

318.245  Sales for delinquencies.  If the taxes levied are not paid as provided in this chapter, the property subject to the tax lien shall be sold and the proceeds thereof shall be paid over to the district according to the provisions of the laws applicable to tax sales and redemptions.

      (Added to NRS by 1959, 467)

      NRS 318.250  Reserve funds.  Whenever any indebtedness or other obligations have been incurred by a district, it shall be lawful for the board to levy taxes and collect revenue for the purpose of creating funds in such amount as the board may determine, which may be used to meet the obligations of the district, for maintenance and operating charges and depreciation, and provide extension of and betterments to the improvements of the district.

      (Added to NRS by 1959, 467; A 1965, 744; 1971, 2108)