474.512 - Issuance of bonds and other securities for acquisition of property. - Nevada Statutes

474.512  Issuance of bonds and other securities for acquisition of property.  For the purpose of defraying the cost of the acquisition of any properties authorized by NRS 474.511, the board of fire commissioners, on the behalf and in the name of any district organized pursuant to NRS 474.460, may, by resolution, at any time or from time to time, borrow money, otherwise become obligated, and evidence or reevidence such obligations by the issuance of bonds and other municipal securities payable from general (ad valorem) taxes and constituting general obligations of the district, as provided in the Local Government Securities Law, subject to the limitations therein and in NRS 474.514.

      (Added to NRS by 1967, 966; A 1975, 1638; 1981, 964)