Title 48

NRS 539.393 Certificates of indebtedness and notes: Signatures of officers of district; treated as bonds of district. Certificates of indebtedness or notes shall be signed by the officers of the district and, except in the matter of assessments for interest and redemption being l…

NRS 539.395 Apportionment of benefits; method of levy and collection of assessments. Benefits shall be apportioned upon the land within such division and assessments levied and collected for the payment of the interest and redemption of certificates of indebtedness or notes in th…

NRS 539.397 Validation proceedings. All the proceedings described in NRS 539.363 to 539.395, inclusive, relating to the local undertakings of a division, including apportionment of benefits for undertakings authorized at a special election, district election or primary or general…

NRS 539.400 Full payment of local undertakings; termination of terms of local directors; disposition of remaining money. When the local undertakings provided for in NRS 539.363 to 539.395, inclusive, are accomplished and paid for, a showing to that effect shall be made to the boa…

NRS 539.403 Local improvements affecting two or more divisions: Applicability of NRS 539.363 to 539.403, inclusive. If such local improvements affect two or more divisions of a district, less than all, then all of the provisions of NRS 539.363 to 539.403, inclusive, shall be appl…

NRS 539.405 Petition for creation of local board. When an irrigation district comprises lands which are served by works constructed by the United States and the portion of such works situated in a division of the district may be regarded as a separate unit of the larger system fo…

NRS 539.407 Powers of local board. Subject to the limitations contained in NRS 539.410, the local board of directors shall have the power to contract with the United States for the operation of the existing system described in NRS 539.405, or for the construction either by such d…

NRS 539.410 Election required for approval to enter contract and levy assessment. The local board of directors shall submit to the electors of the division at a special election, district election or primary or general state election the contract for approval and for authorizatio…

NRS 539.413 Applicability of laws relating to contracts between districts and United States. The provisions of this chapter relating to cooperation between a district and the United States, including those relating to the distribution and apportionment of water and the apportionm…

NRS 539.415 Validation proceedings. The execution of a contract with the United States and all proceedings ancillary thereto may be confirmed in court as a part of the confirmation proceedings instituted by the district, or upon petition by the board of directors of the division.…

NRS 539.417 Assumption of operation and maintenance of existing works only; power of local board to levy assessments and impose tolls and charges. Where it is proposed that a division assume only the operation and maintenance of the existing works, the contract for the operation …

NRS 539.420 Construction, replacement or extension of works: Power of local board to levy assessments and impose tolls and charges. 1. Where local drains, laterals or improvements are to be constructed, or existing works or structures replaced or extended, and are thereafter to b…

NRS 539.423 Purposes for which land may be formed into improvement district. The board of directors may provide for the construction of canals, ditches, laterals, dams, drains or other structures or improvements or the acquirement, replacement, consolidation or extension of the s…

NRS 539.425 Proposal of formation: Recommendation of district engineer; petition of landowners; designation of area by directors. Upon the recommendation in writing by the district engineer, or upon a petition signed by a majority of the electors of the district owning land to be…

NRS 539.427 Plans and estimates of cost of improvement; provision for payment of costs. The board of directors may prepare plans and estimates of the cost of a proposed improvement and determine the manner in which the cost of the improvement must be provided. For this purpose th…

NRS 539.430 Submission of proposed improvement, estimated cost and methods of financing to Department of Taxation. The proposed local improvement, accompanied by the estimated cost thereof, a report of the district engineer, and the proposed method of financing the improvement, s…

NRS 539.433 Election required after approval by Department of Taxation. After approval by the Department of Taxation, the board of directors shall submit the question of whether the proposed improvement shall be authorized by the electors of the affected improvement district at a…

NRS 539.435 Form of question to be submitted to voters. The question submitted to the voters pursuant to NRS 539.433 must be substantially in the following form: Shall the improvement of Local Improvement District No. ........ (briefly describing it) be authorized and the indebte…

NRS 539.437 Conduct of election. The election shall in all other respects, including the qualification to vote, be conducted in the manner prescribed in this chapter for the holding of elections to approve proposals to subject lands in a district to the repayment for obligations …

NRS 539.440 Apportionment of benefits. After the plan has been approved by the Department of Taxation and the bond issue or other indebtedness has been authorized at the election, the board of directors of the district shall proceed to apportion the benefits in the manner prescri…

NRS 539.443 Confirmation proceedings in district court: Procedure; notice. 1. If the proposed improvement is carried by a vote of two-thirds of the qualified electors voting at such election, the board of directors shall petition the district court of the county in which the prin…

NRS 539.445 Authorization to carry out improvement. If the qualified electors voting at the election vote in favor of the proposed local improvement and the incurring of the indebtedness therefor, and the proceedings are confirmed by the court as prescribed in NRS 539.443, the bo…

NRS 539.447 Sale of securities; deposit of proceeds in improvement district fund. 1. Upon confirmation by the district court of the proceedings in respect to such local improvement, including all assessments of benefits, and upon the approval of the Department of Taxation and the…

NRS 539.450 Securities: Execution by district officers; lien upon issuance of bonds. 1. The securities, whether bonds, notes or certificates of indebtedness, when issued, shall be executed by the officers of the district in the manner prescribed in this chapter for the execution …

NRS 539.453 Levy and collection of annual assessments for payment of interest and redemption of securities. 1. For the payment of interest and the redemption of the bonds, notes or certificates of indebtedness, the board of directors shall levy annual assessments for the amount o…

NRS 539.455 Payment of assessments before issuance of securities. 1. Prior to the issuance of bonds, notes or certificates of indebtedness authorized for the purpose of such local improvement, any person, firm or corporation owning land upon which a benefit has been assessed for …

NRS 539.457 Powers of directors and officers of district. The board of directors and all other officers of any irrigation district shall have all the rights, powers and privileges concerning improvement districts and lands thereof, and the proceedings provided for in NRS 539.423 …

NRS 539.460 Applicability of chapter to improvement districts. All the provisions of this chapter, where applicable, shall apply to such improvement districts. [Part 49 1/2:64:1919; added 1923, 289; A 1929, 286; NCL § 8066] Funding and Refunding Bonds

NRS 539.463 Issuance; conditions. 1. The board of directors of any irrigation district may cause funding or refunding bonds to be issued for the purpose of funding or refunding any or all outstanding bonds, notes or certificates of indebtedness of any improvement district in the …

NRS 539.465 Election required to authorize issuance; conduct of election; maturity of and interest on bonds. 1. If the proposed plan for the funding or refunding of bonds, notes or certificates of indebtedness is approved by the Department of Taxation, the board of directors of t…

NRS 539.467 Confirmation of proceedings by district court. 1. If the issuance of such funding or refunding bonds is carried by a vote of a majority of the qualified electors of the improvement district voting at the election, the board of directors shall petition the district cou…

NRS 539.470 Apportionment of benefits; levy of annual assessments for interest and redemption of bonds. 1. The apportionment of benefits made in connection with the issuance of the bonds, notes or certificates of indebtedness of such local improvement district so refunded shall b…

NRS 539.473 Certification of bonds by State Controller. If the proposed plan for the funding or refunding of such bonds, notes or certificates of indebtedness is approved by the Department of Taxation, and the funding or refunding bonds are authorized as provided in NRS 539.463 t…

NRS 539.475 Sale and exchange of bonds. 1. Any funding or refunding bonds of a local improvement district authorized to be issued may be sold from time to time in the same manner as other bonds of the irrigation district, or may be exchanged for outstanding bonds, notes or certif…

NRS 539.477 Debt or liability in excess of express provisions void; incurrence forbidden. The board of directors, or other officers of the district, shall have no power to incur any debt or liability whatever, either by issuing bonds or otherwise, in excess of the express provisi…

NRS 539.480 Limitation on indebtedness; issuance of warrants or negotiable notes; levy and collection of assessments; limitation on and calculation of assessments; annual adjustment. 1. Except as otherwise provided in subsection 2, for the purpose of organization or any of the pu…

NRS 539.483 Monthly financial reports of district treasurer; verification and filing. 1. The district treasurer shall report to the board of directors in writing on the first Monday in each month the amount of money in the construction fund, the bond fund and the general fund, an…

NRS 539.485 Monthly posting and publication of claims allowed by board of directors. The board of directors of each irrigation district shall, each month, post in three public places in the district, one of which places shall be the county courthouse, and publish one time in a ne…

NRS 539.487 Annual publication of district financial statement. On or before the first Tuesday of September of each year the board of directors of each irrigation district shall publish in at least one issue of some newspaper published in the county where the office of the distri…

NRS 539.490 County treasurer to deliver all money collected to treasurer of district. The county treasurer or treasurers who are required by this chapter to collect assessments levied by the district are authorized and required to turn over to the treasurer of the district all mo…

NRS 539.493 Funds created. The following funds are created and established, to which the moneys properly belonging shall be apportioned: 1. Construction fund. 2. Bond fund. 3. General fund. [Part 23:64:1919; A 1921, 118; 1927, 309; 1929, 286; 1955, 27]

NRS 539.495 Construction fund: Source. Moneys accruing from the sale of bonds, and from any assessments levied for the direct payment of costs of construction, purchase of property, or other undertakings for which bonds may be issued, shall be deposited and kept in the constructi…

NRS 539.497 Construction fund: Authorized disbursements. The cost and expense of purchasing and acquiring property, and of constructing works to carry out the formulated plan or plans, whether for irrigation or drainage or both, or for the improvement or supplementing of existing…

NRS 539.500 Construction fund: Transfers to general fund. Whenever all construction work is completed, any money remaining in the construction fund may be transferred to the general fund. [Part 23:64:1919; A 1921, 118; 1927, 309; 1929, 286; 1955, 27]

NRS 539.503 Bond fund: Source. Moneys accruing from assessments levied for the payment of interest and principal on bonds shall be deposited and kept in the bond fund. [Part 23:64:1919; A 1921, 118; 1927, 309; 1929, 286; 1955, 27]

NRS 539.505 Bond fund: Investment and transfer of surplus money. 1. Surplus money in the bond fund may be placed at interest or invested in approved interest-bearing securities. 2. If, after a full redemption of any bond issue, a surplus then remains in the bond fund, such surplu…