Nevada § 539.600 - Agreement binding on subsequent boards of directors; directors may increase tax
Full text of Nevada Nevada Revised Statutes § 539.600 — Agreement binding on subsequent boards of directors; directors may increase tax, with citation guidance and answers to common questions.
§ 539.600. Agreement binding on subsequent boards of directors; directors may increase tax
After any such agreement has been recorded as provided in NRS 539.595 , no subsequent board of directors shall have any authority to repeal, change or modify
the same in any respect whatsoever without the consent in writing of the owners and
holders of all of the bonds of the district then outstanding; but the board of directors
may, in its discretion, increase the amount of such sinking fund tax, or levy additional
sinking fund taxes, or other taxes, from time to time without in any wise impairing
the obligation to levy and collect such minimum sinking fund tax.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 539.600
What does Nevada Revised Statutes § 539.600 cover?
Section 539.600 ("Agreement binding on subsequent boards of directors; directors may increase tax") 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 § 539.600?
A common citation format is "Nevada Revised Statutes § 539.600" (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 § 539.600 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.