Nevada § 539.427 - Plans and estimates of cost of improvement; provision for payment of costs
Full text of Nevada Nevada Revised Statutes § 539.427 — Plans and estimates of cost of improvement; provision for payment of costs, with citation guidance and answers to common questions.
§ 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 the board of directors may propose the issuance of bonds, notes or
certificates of indebtedness payable by an assessment or otherwise on the property
in the improvement district, bearing interest at a rate which does not exceed by more
than 5 percent the Index of Revenue Bonds which was most recently published before
the bids are received or a negotiated offer is accepted, payable semiannually, and
in such amounts and maturing at such time, not exceeding 20 years, as the board of
directors may prescribe.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 539.427
What does Nevada Revised Statutes § 539.427 cover?
Section 539.427 ("Plans and estimates of cost of improvement; provision for payment of costs") 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 § 539.427?
A common citation format is "Nevada Revised Statutes § 539.427" (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 § 539.427 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.