539.593 - Power of directors to levy assessments to spread redemption of bonds. - Nevada Statutes

539.593  Power of directors to levy assessments to spread redemption of bonds.  At any time after a bond issue, the board of directors shall have the power to levy assessments for the purpose of raising funds to provide for the redemption of the bonds, as specified in this chapter, thus spreading the redemption assessments over a longer period of years than provided in NRS 539.670, 539.675 and 539.677.

      [Part 27 1/2:64:1919; added 1925, 137; NCL § 8039]