Nevada § 541.370 - Majority vote required to authorize indebtedness; resubmission of proposition

§ 541.370. Majority vote required to authorize indebtedness; resubmission of proposition

1. If it appears from the returns that a majority of the qualified electors of the

district who voted on any proposition submitted pursuant to NRS 541.340 voted in favor of the proposition, the district may incur the indebtedness or obligations

and enter into the contract for the purpose or purposes and object or objects provided

for in the proposition submitted pursuant to NRS 541.340 , and in the amount so provided and at a rate of interest not exceeding the rate of

interest recited in the resolution. 2. Submission of the proposition of incurring such obligation or other indebtedness

at a special, primary or general election does not prohibit submission of the same

proposition or other propositions at a subsequent special, primary or general election.