539.687 - Assessment as lien against property; bond lien as preferred lien. - Nevada Statutes

539.687  Assessment as lien against property; bond lien as preferred lien.

      1.  An assessment is a lien against the property assessed from and after the time such assessment is made.

      2.  The lien of the bonds of any series shall be a preferred lien to that of any subsequent series, and such lien is not removed until the assessments are paid or the property sold for the payment thereof.

      [28:64:1919; A 1921, 118; NCL § 8040]