Nevada § 244A.453 - Bonding limit
Full text of Nevada Nevada Revised Statutes § 244A.453 — Bonding limit, with citation guidance and answers to common questions.
§ 244A.453. Bonding limit
No county shall ever become indebted for such county recreational purposes under the
provisions of NRS 244A.441 to 244A.453 , inclusive, by the issuance of such general obligation bonds and other general obligation
securities (other than any notes or warrants maturing within 1 year from the respective
dates of their issuance), but excluding any outstanding revenue bonds, special assessment
bonds, or other special obligation securities, and excluding any such outstanding
general obligation notes and warrants, exceeding 3 percent of the total last assessed
valuation of the taxable property in the county; and no county shall ever become
indebted in an amount exceeding 10 percent of such valuation by the issuance of any
such general obligation securities (other than any such notes or warrants), but excluding
any such outstanding special obligation securities and excluding any such outstanding
general obligation notes and warrants.
Frequently Asked Questions About Nevada § 244A.453
What does Nevada Revised Statutes § 244A.453 cover?
Section 244A.453 ("Bonding limit") 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 § 244A.453?
A common citation format is "Nevada Revised Statutes § 244A.453" (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 § 244A.453 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.