Nevada § 279.628 - Expenditures from revolving fund

Full text of Nevada Nevada Revised Statutes § 279.628 — Expenditures from revolving fund, with citation guidance and answers to common questions.

§ 279.628. Expenditures from revolving fund

1. By resolution of the legislative body adopted by a majority vote any money in the

redevelopment revolving fund may be expended from time to time for: (a) The acquisition of real property in any redevelopment area. (b) The clearance, aiding in relocation of occupants of the site and preparation of

any redevelopment area for redevelopment. 2. By resolution of the legislative body adopted by a two-thirds vote, any money in

the redevelopment revolving fund may be paid to the agency, upon such terms and conditions

as the legislative body may prescribe for any of the following purposes: (a) Deposit in a trust fund to be expended for the acquisition of real property in

any redevelopment area. (b) The clearance of any redevelopment area for redevelopment. (c) Any expenses necessary or incidental to the carrying out of a redevelopment plan

which has been adopted by the legislative body. (d) For the provision of grants to pay the costs related to the improvement of educational

facilities in the community, except for the cost of any regular expenses of such an

educational facility.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 279.628

What does Nevada Revised Statutes § 279.628 cover?

Section 279.628 ("Expenditures from revolving fund") 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 § 279.628?

A common citation format is "Nevada Revised Statutes § 279.628" (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 § 279.628 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.