Nevada § 271.431 - Pledge of revenues
Full text of Nevada Nevada Revised Statutes § 271.431 — Pledge of revenues, with citation guidance and answers to common questions.
§ 271.431. Pledge of revenues
As used in NRS 271.431 to 271.434 , inclusive, “ revenue ” means any money pledged wholly or in part for crediting to or payment of assessments,
subject to any existing pledges or other contractual limitations and may include: 1. Moneys derived from one, all or any combination of revenue resources appertaining
to any facilities of the municipality, financed in whole or in part with the proceeds
of assessments levied pursuant to the assessment ordinance, including, but not limited
to, use and service charges, rents, fees and any other income derived from the operation
or ownership of, from the use or services of, or from the availability of or services
appertaining to, the lease of, any sale or other disposal of, any contract or other
arrangement, or otherwise derived in connection with such facilities or all or any
part of any property appertaining to the facilities. 2. Any loans, grants or contributions to the municipality from the Federal Government,
the State or any public body for the payment of all or any portion of the cost of
the project for which the assessments were levied. 3. The proceeds of any excise taxes levied and collected by the municipality or otherwise
received by it and authorized by law to be pledged for the payment of the project
for which the assessments were levied or for the payment of the assessments levied
to finance the cost of the project but excluding the proceeds of any general (ad valorem)
taxes. 4. Any money pledged pursuant to an assessment ordinance adopted in accordance with NRS 271.650 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 271.431
What does Nevada Revised Statutes § 271.431 cover?
Section 271.431 ("Pledge of revenues") 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 § 271.431?
A common citation format is "Nevada Revised Statutes § 271.431" (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 § 271.431 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.