Nevada § 539.6362 - Payment of deficiency from general fund, reserve fund or other available revenue; levy of ad valorem tax
Full text of Nevada Nevada Revised Statutes § 539.6362 — Payment of deficiency from general fund, reserve fund or other available revenue; levy of ad valorem tax, with citation guidance and answers to common questions.
§ 539.6362. Payment of deficiency from general fund, reserve fund or other available revenue; levy of ad valorem tax
1. If the special fund created by the proceeds of the annual assessments levied and
collected pursuant to the provisions of this chapter is insufficient to pay the principal
of and the interest on the bonds as they become due, the deficiency shall be paid
out of any general fund, reserve fund or any other available revenues of the district. 2. If any general fund, reserve fund and other available revenues of the district
are insufficient to pay any such deficiency promptly, the board of directors shall
then levy and it shall be its duty to levy general (ad valorem) taxes.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 539.6362
What does Nevada Revised Statutes § 539.6362 cover?
Section 539.6362 ("Payment of deficiency from general fund, reserve fund or other available revenue; levy of ad valorem 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 § 539.6362?
A common citation format is "Nevada Revised Statutes § 539.6362" (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 § 539.6362 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.