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Nevada Revised Statutes Title 42. Protection from Fire; Explosives § 474.514. Limit on indebtedness

Current as of January 01, 2025 | Updated by Findlaw Staff

No indebtedness, as defined in NRS 350.586, including outstanding indebtedness, shall be incurred by any district organized pursuant to NRS 474.460 or 474.533 in an aggregate principal amount exceeding 5 percent of the total last assessed valuation of taxable property (excluding motor vehicles and cattle) situated within the district.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 42. Protection from Fire; Explosives § 474.514. Limit on indebtedness - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-42-protection-from-fire-explosives/nv-rev-st-474-514/

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