Nevada § 271.63155 - Financing or refinancing: Assessment on real property; bonds
Full text of Nevada Nevada Revised Statutes § 271.63155 — Financing or refinancing: Assessment on real property; bonds, with citation guidance and answers to common questions.
§ 271.63155. Financing or refinancing: Assessment on real property; bonds
1. Except as otherwise provided in this section, a qualified improvement project must
be financed or refinanced only through an assessment on the real property that secures
the direct financing or refinancing obtained from a capital provider pursuant to a
financing agreement. 2. In addition to, but not in lieu of the direct financing or refinancing described
in subsection 1, a qualified improvement project may be financed or refinanced through
an assessment on the real property to secure bonds issued pursuant to NRS 271.475 . Any bonds issued for a qualified improvement project: (a) Shall not constitute the debt or indebtedness of the municipality within the meaning
of any provision or limitation of the Constitution of the State of Nevada or statute; (b) Shall not be secured by a pledge of the general credit or taxing power of the
municipality or by the surplus and deficiency fund established pursuant to NRS 271.428 ; and (c) Shall not be used in furtherance of or in support of direct financing or refinancing
from a capital provider.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 271.63155
What does Nevada Revised Statutes § 271.63155 cover?
Section 271.63155 ("Financing or refinancing: Assessment on real property; bonds") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 271.63155?
A common citation format is "Nevada Revised Statutes § 271.63155" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 271.63155 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.