MUNICIPAL OBLIGATIONS
GENERAL PROVISIONS
The Blue, Underlined links, when clicked, will take you to the Nevada Revised Statutes.
NRS 350.001 Definitions. [Replaced in revision by NRS 350.011.]
NRS 350.0015 Definitions.
NRS 350.002 Creation; composition; selection and terms of members; vacancies. [Replaced in revision by NRS 350.0115.]
NRS 350.003 Meetings; officers; removal of member; quorum. [Replaced in revision by NRS 350.012.]
NRS 350.0033 Technical assistance provided by department of taxation or board of county commissioners to carry out duties of commission. [Replaced in revision by NRS 350.0125.]
NRS 350.0035 Municipalities to submit annual report, statement of debt management policy, plan for capital improvement and certain information regarding chief financial officer; update of information; exceptions. [Replaced in revision by NRS 350.013.]
NRS 350.004 Approval or notification of commission required for certain proposals and transactions; approval of executive director of department of taxation before incurrence of certain general obligation debt; appeal of decision of executive director to Nevada tax commission. [Replaced in revision by NRS 350.014.]
NRS 350.0045 “General obligation debt” defined.
NRS 350.005 Notice and statement of proposal to incur certain indebtedness or levy special elective tax; procedure for approval or disapproval. [Replaced in revision by NRS 350.0145.]
NRS 350.0051 Criteria for approval or disapproval of proposal to incur debt or levy special elective tax; use of money received from sale of debt or from tax. [Replaced in revision by NRS 350.015.]
NRS 350.0052 Evaluation of proposal: Power of commission to employ consultants; costs. [Replaced in revision by NRS 350.016.]
NRS 350.0055 “Installment-purchase agreement” defined.
NRS 350.006 Applicability of NRS 350.001 to 350.006, inclusive. [Replaced in revision by NRS 350.0165.]
NRS 350.0065 “Local government” defined.
NRS 350.007 “Medium-term obligation” defined.
NRS 350.0075 “Special obligation” defined.
NRS 350.008 Term of installment-purchase agreement.
NRS 350.009 Regulations.
DEBT MANAGEMENT COMMISSION
NRS 350.011 Definitions.
NRS 350.0115 Creation; composition; selection and terms of members; interest in securities issued by state or political subdivision prohibited; vacancies.
NRS 350.012 Meetings; officers; removal of member; quorum.
NRS 350.0125 Technical assistance provided by department of taxation or board of county commissioners to carry out duties of commission.
NRS 350.013 Municipalities to submit annually statement of current and contemplated general obligation debt and special elective taxes, statement of debt management policy, plan for capital improvement or alternate statement and certain information regarding chief financial officer; update of information; exceptions.
NRS 350.0135 Proposal resulting in increase of rate of property taxes: Determination and notification of affected governmental entities by municipality; approval or objection by affected governmental entity; notification of commission of objection; resolution of conflict by commission; establishment of related methods and procedures by commission; exception.
NRS 350.014 Approval or notification of commission required for certain proposals.
NRS 350.0145 Notice and submission of statement of certain proposals to commission; procedure for approval or disapproval.
NRS 350.015 Criteria for approval or disapproval of certain proposals; requests for information; use of money received from sale of general obligation debt or from special elective tax.
NRS 350.0155 Commission to specify percentage of limitation on total ad valorem tax levy and establish priorities among essential and nonessential facilities and services for purposes of NRS 350.015.
NRS 350.016 Evaluation of proposal: Power of commission to employ consultants; costs.
NRS 350.0165 Applicability of NRS 350.011 to 350.0165, inclusive.
PROPOSALS TO ISSUE OBLIGATIONS
NRS 350.020 Submission to electors of proposal to issue general obligations; restrictions on special elections; issuance of general obligations secured by pledge of revenues and issuance of special or medium-term obligations without election; requirements for issuance of certain general obligation bonds by board of trustees of school district.
NRS 350.0205 Committee on local government finance to provide forms for submitting ballot question and examples of past ballot questions for issuance or incurrence of general obligations.
NRS 350.021 Proposal may be combined on ballot with proposal to levy tax ad valorem for related purpose.
NRS 350.022 Notice of election on proposal to issue general obligations: Publication.
NRS 350.024 Sample ballot and notice of election on proposal to issue general obligations: Contents; consolidation of election with general, primary or municipal election; publication of notice of close of registration for special election.
NRS 350.027 Sample ballot to contain estimate of annual cost to operate, maintain and repair improvements.
NRS 350.030 Election on proposal to issue general obligations: Expenses; ballots; validity of proposal; applicability of general election laws.
NRS 350.070 Approval or disapproval by electors of proposal to issue general obligations: Procedure; validity of result.
MEDIUM-TERM OBLIGATIONS
NRS 350.085 Definitions. [Repealed.]
NRS 350.087 Resolution authorizing medium-term obligation or installment-purchase agreement: Adoption; contents; notice.
NRS 350.089 Approval of resolution for medium-term obligation or installment-purchase agreement by executive director of department of taxation; appeal to Nevada tax commission.
NRS 350.091 Governing body to update plan for capital improvement under certain circumstances; issuance and terms of evidence of medium-term obligation or installment-purchase agreement; regulations.
NRS 350.093 Limitations on transfer of money for medium-term obligation; refund of transfer.
NRS 350.095 Levy of special tax; transfer of money remaining in fund.
SALE OF BONDS BY COMPETITIVE BID OR NEGOTIATED SALE
NRS 350.105 Definitions.
NRS 350.115 “Bond” defined.
NRS 350.125 “Competitive bid” defined.
NRS 350.135 “Financial adviser” defined.
NRS 350.145 “Negotiated sale” defined.
NRS 350.155 Sale by competitive bid: Requirements; exceptions; contents of certificate required for certain bonds; filing and approval of certificate; publication of invitation for competitive bids.
NRS 350.165 Delegation of authority to sign contract to purchase or accept binding bid for bonds; approval of certain terms by governing body required.
NRS 350.175 Negotiated sale: Notice of request for proposals; description of procedure for request for proposals in debt management policy; time limitation on sale of bonds after selection of underwriter.
NRS 350.185 Negotiated sale: Procedure for selection of proposal for sale of bonds; certification of procedure.
NRS 350.195 Financial adviser: Prohibited acts.
INTEREST RATES; DISCOUNTS; LIMITATION ON ISSUANCE
NRS 350.201 Definitions.
NRS 350.2011 Maximum rate of interest on securities of political subdivisions.
NRS 350.2012 Discounts.
NRS 350.2013 Issuance or sale more than 6 years after date of election prohibited; exception.
COUNTY DEBT SERVICE FUND
NRS 350.202 County ordinance may provide for service of bonded indebtedness for general obligations through single debt service fund; consolidated levy of taxes.
NRS 350.204 Merger of sinking and other debt service funds into single fund.
NRS 350.206 Sufficiency of levy of taxes.
NRS 350.208 Obligation of bond not impaired.
WATER AND SEWER REVENUE BOND LAW
NRS 350.350 Short title.
NRS 350.360 Definitions.
NRS 350.370 Additional powers of municipality under NRS 350.350 to 350.490, inclusive.
NRS 350.373 Supplemental powers of municipality to prescribe, revise and collect charges; expenses of collection.
NRS 350.375 Use of revenues derived from undertaking of municipality.
NRS 350.380 Undertaking and issuance of bonds: Procedure.
NRS 350.400 Sale of bonds.
NRS 350.490 Powers conferred in NRS 350.350 to 350.490, inclusive, additional and supplemental; controlling provisions.
VIOLATION OF BOND COVENANTS
NRS 350.495 Willful violation of covenant in securities by member of governing body, officer or agent of municipality unlawful; penalty.
LOCAL GOVERNMENT SECURITIES LAW
NRS 350.500 Short title.
NRS 350.502 Purpose; supplemental nature.
NRS 350.504 Definitions.
NRS 350.506 “Acquisition” and “acquire” defined.
NRS 350.508 “Chairman” and “chairman of the municipality” defined.
NRS 350.510 “Clerk” defined.
NRS 350.512 “Commercial bank” defined.
NRS 350.514 “Condemnation” and “condemn” defined.
NRS 350.516 “Cost of any project” defined.
NRS 350.517 “Disposal” and “dispose” defined.
NRS 350.5175 “Equip” and “equipment” defined.
NRS 350.518 “Facilities” defined.
NRS 350.520 “Federal Government” defined.
NRS 350.522 “Federal securities” defined.
NRS 350.524 “Governing body” defined.
NRS 350.526 “Gross revenues” and “gross pledged revenues” defined.
NRS 350.528 “Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “here-after” defined.
NRS 350.530 “Holder” defined.
NRS 350.532 “Improvement” and “improve” defined.
NRS 350.534 “Municipal” defined.
NRS 350.536 “Municipal securities” and “securities” defined.
NRS 350.538 “Municipality” defined.
NRS 350.540 “Net revenues” and “net pledged revenues” defined.
NRS 350.542 “Operation and maintenance expenses” defined.
NRS 350.544 “Operation and maintenance expenses” limited.
NRS 350.546 “Ordinance” defined.
NRS 350.550 “Pledged revenues” defined.
NRS 350.552 “Project” defined.
NRS 350.554 “Public body” defined.
NRS 350.556 “State” defined.
NRS 350.558 “Taxation” defined.
NRS 350.560 “Taxes” defined.
NRS 350.562 “Treasurer” defined.
NRS 350.564 “Trust bank” defined.
NRS 350.566 “United States” defined.
NRS 350.568 Powers of municipality in connection with projects.
NRS 350.569 Power of eminent domain; reimbursement of public utility for removal and relocation.
NRS 350.570 Power of municipality to become obligated and issue securities for project.
NRS 350.572 Types of securities which may be issued; series.
NRS 350.573 Sale of right to call for purchase of securities.
NRS 350.574 Notes and warrants: Maturity; extension or funding.
NRS 350.575 Resolution to finance preservation or restoration of historic structure; approval of executive director of department of taxation; appeal to Nevada tax commission.
NRS 350.5755 Issuance of negotiable notes or bonds to finance restoration of historic structure; maturity; interest.
NRS 350.576 Temporary bonds: Conditions, terms and provisions; holder’s rights and remedies.
NRS 350.578 Ordinance authorizing issuance of securities: Description of purposes.
NRS 350.579 Emergency ordinances: Adoption; effective date.
NRS 350.580 General obligations: Types of securities.
NRS 350.582 Special obligations: Types of securities.
NRS 350.583 Variable rates of interest for securities; agreement with third party for assurance of payment for securities; reimbursement for advances made pursuant to agreement.
NRS 350.5835 Variable rates of interest: Exemption from limitations; conclusive findings of governing body that procedure for determination of rates is reasonable.
NRS 350.584 Municipal securities payable from gross revenues: Covenant requiring appropriations to pay operation and maintenance expenses.
NRS 350.586 Securities issued as general obligations constitute outstanding indebtedness.
NRS 350.588 Securities issued as special obligations do not constitute outstanding indebtedness.
NRS 350.590 Recitals required in municipal securities.
NRS 350.592 Annual levy of special tax to pay interest on and retire securities issued as general obligations; proceeds of tax kept in two special funds; consolidated debt service fund.
NRS 350.594 Time and duration of levy of special tax.
NRS 350.596 Payment from general fund when taxes insufficient to pay amount due on securities issued as general obligations; reimbursement of general fund.
NRS 350.598 Application of other available money to payment of interest on and principal of securities issued as general obligations.
NRS 350.602 Proceeds of taxes specially appropriated to payment of principal and interest.
NRS 350.604 Payment of municipal securities not to be secured by encumbrance, mortgage or pledge of municipality’s property; exception.
NRS 350.606 Recourse against municipality’s officers and agents: Acceptance of securities constitutes waiver and release.
NRS 350.608 Covenants in ordinance authorizing issuance of special obligations impose no liability against municipality or its general credit.
NRS 350.610 Faith of state pledged against repeal, amendment or modification of Local Government Securities Law.
NRS 350.614 Details of municipal securities provided by ordinance.
NRS 350.616 Sale or issuance of municipal securities.
NRS 350.628 Recital in securities conclusive evidence of validity and regularity of issuance.
NRS 350.630 Denomination, negotiability and maturity of municipal securities; rate of interest.
NRS 350.632 Payment of principal, interest and premium when due without further order.
NRS 350.634 Interest coupons.
NRS 350.636 Execution, signing and authentication of municipal securities and coupons.
NRS 350.638 Facsimile signatures and seals.
NRS 350.640 Securities not invalid because signatories cease to fill offices.
NRS 350.642 Adoption of facsimile signature of predecessor in office.
NRS 350.644 Redemption before maturity.
NRS 350.646 Repurchase of municipal securities.
NRS 350.648 Use of money received from issuance of municipal securities.
NRS 350.650 Disposition of unexpended balance of proceeds after completion of project.
NRS 350.652 Validity of securities not dependent on proceedings relating to project or completion of purpose; purchasers not responsible for application of proceeds.
NRS 350.654 Special funds and accounts: Creation; purposes.
NRS 350.656 Employment of legal and other expert services; contracts for sale and other purposes.
NRS 350.658 Investment and reinvestment of revenues and proceeds of taxes and securities in federal securities and certain money market mutual funds.
NRS 350.659 Investment and reinvestment of revenues and proceeds of taxes and certain securities in investment contract collateralized with federal securities by governing body whose population is 50,000 or more.
NRS 350.660 Covenants and other provisions in municipal securities.
NRS 350.662 Pledged revenues received or credited subject to immediate lien; priority and validity of lien.
NRS 350.664 Rights and powers of holders of municipal securities and trustees.
NRS 350.666 Receivers: Appointment; powers and duties.
NRS 350.668 Rights and remedies cumulative.
NRS 350.670 Failure of holder to proceed does not relieve municipality, governing body and officers, agents and employees of municipality of liability for nonperformance of duties.
NRS 350.672 Interim debentures: Issuance for general or special obligations.
NRS 350.674 Issuance of municipal securities constituting debt to fund or refund special obligations not constituting indebtedness: Conditions; restrictions.
NRS 350.676 Interim debentures: Maturity; use of proceeds; issuance.
NRS 350.678 Interim debentures: Security for payment.
NRS 350.680 Interim debentures: Extension and funding.
NRS 350.682 Interim debentures: Funding by reissuance of bonds pledged as collateral security; issuance of other bonds.
NRS 350.684 Refunding of general and special obligation bonds: Ordinance; trust indenture.
NRS 350.686 Calls for prior redemption: Limitations.
NRS 350.688 Exchange of outstanding securities held by state or its agencies for funding or refunding.
NRS 350.690 Refunding of outstanding securities evidencing long-term loans.
NRS 350.692 Refunding bonds: Sale or exchange for outstanding bonds; exchange for federal securities.
NRS 350.694 Conditions for refunding bonds.
NRS 350.696 Refunding bonds: Disposition of proceeds, accrued interest and premium; costs; escrow; trusts.
NRS 350.698 Proceeds of refunding bonds in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.
NRS 350.700 Refunding bonds payable from taxes or pledged revenues.
NRS 350.702 Issuance of bonds separately or in combination.
NRS 350.704 Bonds of abolished municipalities may be refunded.
NRS 350.706 Other statutory provisions applicable to refunding bonds.
NRS 350.708 Conclusive determination of governing body that statutory limitations have been met.
NRS 350.710 Bonds and other securities exempt from taxation; exception.
NRS 350.712 Securities issued as general obligations are legal investments for state money.
NRS 350.714 Legal investments for other persons.
NRS 350.718 Sufficiency of Local Government Securities Law.
NRS 350.720 Liberal construction.
MISCELLANEOUS PROVISIONS
NRS 350.800 Transactions whereby municipality acquires property and another person acquires or retains security interest in that or other property.
NRS 350.810 Purchase of municipal obligations by financial adviser of municipality limited.
NRS 350.820 Agreements for exchange of interest rates.
NRS 350.001 Definitions. [Replaced in revision by NRS 350.011.]
NRS 350.0015 Definitions. As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 350.0045 to 350.0075, inclusive, have the meanings ascribed to them in those sections.
(Added to NRS by 2001, 2303)
NRS 350.002 Creation; composition; selection and terms of members; vacancies. [Replaced in revision by NRS 350.0115.]
NRS 350.003 Meetings; officers; removal of member; quorum. [Replaced in revision by NRS 350.012.]
NRS 350.0033 Technical assistance provided by department of taxation or board of county commissioners to carry out duties of commission. [Replaced in revision by NRS 350.0125.]
NRS 350.0035 Municipalities to submit annual report, statement of debt management policy, plan for capital improvement and certain information regarding chief financial officer; update of information; exceptions. [Replaced in revision by NRS 350.013.]
NRS 350.004 Approval or notification of commission required for certain proposals and transactions; approval of executive director of department of taxation before incurrence of certain general obligation debt; appeal of decision of executive director to Nevada tax commission. [Replaced in revision by NRS 350.014.]
NRS 350.0045 “General obligation debt” defined. “General obligation debt” means debt that is legally payable from general revenues, as a primary or secondary source of repayment, and is backed by the full faith and credit of a governmental entity, and if the governmental entity is authorized to levy taxes, by those taxes. The term includes, without limitation, debt represented by local government securities issued pursuant to this chapter and installment-purchase agreements described in subsection 1 of NRS 350.0055. The term does not include, without limitation:
1. Installment-purchase agreements described in subsection 2 of NRS 350.0055;
2. Special obligations; and
3. Obligations with a term of less than 1 year that are payable in full from money appropriated for the same fiscal year in which the obligations are incurred.
(Added to NRS by 2001, 2303)
NRS 350.005 Notice and statement of proposal to incur certain indebtedness or levy special elective tax; procedure for approval or disapproval. [Replaced in revision by NRS 350.0145.]
NRS 350.0051 Criteria for approval or disapproval of proposal to incur debt or levy special elective tax; use of money received from sale of debt or from tax. [Replaced in revision by NRS 350.015.]
NRS 350.0052 Evaluation of proposal: Power of commission to employ consultants; costs. [Replaced in revision by NRS 350.016.]
NRS 350.0055 “Installment-purchase agreement” defined. “Installment-purchase agreement” means an agreement for the purchase of real or personal property by installment or lease or another transaction that is described in NRS 350.800 which:
1. Is required to be counted against any limit upon the debt of a local government pursuant to subsection 1 of NRS 350.800; or
2. Is not required to be counted against any limit upon the debt of a local government and:
(a) Exceeds $100,000 for a local government in a county whose population is 100,000 or more; or
(b) Exceeds $50,000 for a local government in a county whose population is less than 100,000.
The term “installment-purchase agreement” does not include an obligation to pay rent pursuant to a lease which contains no option or right to purchase or which contains only an option or right to purchase the property without any credit towards the purchase price for lease or rental payments.
(Added to NRS by 2001, 2303)
NRS 350.006 Applicability of NRS 350.001 to 350.006, inclusive. [Replaced in revision by NRS 350.0165.]
NRS 350.0065 “Local government” defined. “Local government” has the meaning ascribed to it in NRS 354.474.
(Added to NRS by 2001, 2304)
NRS 350.007 “Medium-term obligation” defined. “Medium-term obligation” means an obligation to repay borrowed money evidenced by a note or bond which is authorized to be issued pursuant to NRS 350.087 to 350.095, inclusive, and which has a term of 10 years or less. The term does not include an obligation which has a term of less than 1 year and which is payable in full from money appropriated for the same fiscal year that the obligation is incurred.
(Added to NRS by 2001, 2304)
NRS 350.0075 “Special obligation” defined. “Special obligation” means a municipal security issued pursuant to NRS 350.582.
(Added to NRS by 2001, 2304)
NRS 350.008 Term of installment-purchase agreement. For the purposes of this chapter, the term of an installment-purchase agreement must be determined as the period from the date the agreement is entered into by a local government to the date that the purchase price will be paid in full and must include the term of the original agreement and the term of any renewal, including, without limitation, an optional renewal, of the agreement.
(Added to NRS by 2001, 2304)
1. The committee on local government finance may adopt such regulations as are necessary for the administration of this chapter.
2. Any regulations adopted by the committee on local government finance must be adopted in the manner prescribed for state agencies in chapter 233B of NRS.
(Added to NRS by 2001, 2304)
DEBT MANAGEMENT COMMISSION
NRS 350.011 Definitions. As used in NRS 350.011 to 350.0165, inclusive, unless the context otherwise requires:
1. “Commission” means a debt management commission created pursuant to NRS 350.0115.
2. “Special elective tax” means a tax imposed pursuant to NRS 354.59817, 354.5982, 387.197, 387.3285 or 387.3287.
(Added to NRS by 1965, 1433; A 1993, 2655; 1995, 369, 765, 774, 1811; 1997, 550; 1999, 275, 2541; 2001, 880, 2304)—(Substituted in revision for NRS 350.001)
NRS 350.0115 Creation; composition; selection and terms of members; interest in securities issued by state or political subdivision prohibited; vacancies.
1. There is hereby created in each county whose population is 400,000 or more, a debt management commission, to be composed of:
(a) Three representatives of the board of county commissioners from its membership;
(b) One representative of each governing body of the five largest incorporated cities in the county from its membership;
(c) One representative of the board of trustees of the county school district from its membership; and
(d) Two representatives of the public at large.
2. There is hereby created in each county whose population is less than 400,000, a debt management commission, to be composed of one representative of the county, one representative of the school district and the following additional representatives:
(a) In each such county which contains more than one incorporated city:
(1) One representative of the city in which the county seat is located;
(2) One representative of the other incorporated cities jointly; and
(3) One representative of the public at large.
(b) In each such county which contains one incorporated city:
(1) One representative of the incorporated city; and
(2) Two representatives of the public at large.
(c) In each such county which contains no incorporated city, one representative of the public at large.
(d) In each such county which contains one or more general improvement districts, one representative of the district or districts jointly and one additional representative of the public at large.
3. In Carson City, there is hereby created a debt management commission, to be composed of one representative of the board of supervisors, one representative of the school district and three representatives of the public at large. The representative of the board of supervisors and the representative of the school district shall select the representatives of the public at large and, for that purpose only, constitute a quorum of the debt management commission. Members of the commission serve for a term of 2 years beginning on January 1, or until their successors are chosen.
4. Except as otherwise provided in subsection 1, each representative of a single local government must be chosen by its governing body. Each representative of two or more local governments must be chosen by their governing bodies jointly, each governing body having one vote. Each representative of the general improvement districts must be chosen by their governing bodies jointly, each governing body having one vote. Each representative of the public at large must be chosen by the other members of the commission from residents of the county, or Carson City, as the case may be, who have a knowledge of its financial structure. A tie vote must be resolved by lot.
5. A person appointed as a member of the commission in a county whose population is 100,000 or more who is not an elected officer or a person appointed to an elective office for an unexpired term must have at least 5 years of experience in the field of public administration, public accounting or banking.
6. A person appointed as a member of the commission shall not have a substantial financial interest in the ownership or negotiation of securities issued by this state or any of its political subdivisions.
7. Except as otherwise provided in this subsection, members of the commission or their successors must be chosen in January of each odd-numbered year and hold office for a term of 2 years beginning January 1. The representatives of incorporated cities must be chosen after elections are held in the cities, but before the annual meeting of the commission in July. The term of a representative who serves pursuant to paragraph (a), (b) or (c) of subsection 1 is coterminous with the term of his elected office, unless the public entity that appointed him revokes his appointment.
8. Any vacancy must be filled in the same manner as the original choice was made for the remainder of the unexpired term.
(Added to NRS by 1965, 1433; A 1969, 332; 1971, 222, 943; 1977, 537; 1987, 1719; 1993, 2239; 1995, 765; 1999, 2528, 2541; 2001, 188, 1978)—(Substituted in revision for NRS 350.002)
NRS 350.012 Meetings; officers; removal of member; quorum.
1. The commission shall meet during the month of February of each year, to organize by selecting a chairman and vice chairman. In a county whose population is 400,000 or more, the chairman must be one of the representatives of the board of county commissioners. The county clerk is ex officio the secretary of the commission.
2. In addition to the organizational meeting, each commission shall meet annually in July of each year and at the call of the chairman whenever business is presented, as provided in NRS 350.014 and 350.0145.
3. In conjunction with the meetings required by subsections 1 and 2, the commission in a county whose population:
(a) Is 100,000 or more but less than 400,000, shall meet each calendar quarter.
(b) Is 400,000 or more, shall meet each month.
The meetings required by this subsection must be scheduled at each annual meeting in July.
4. The appointing authority may remove a member of a commission in a county whose population:
(a) Is 400,000 or more if the member fails to attend three consecutive meetings or five meetings during a calendar year.
(b) Is 100,000 or more but less than 400,000 if the member fails to attend two consecutive meetings or three meetings during a calendar year.
(c) Is less than 100,000 if the member fails to attend at least one meeting during a calendar year.
5. Except as otherwise provided in subsection 3 of NRS 350.0115, a majority of the members constitutes a quorum for all purposes.
(Added to NRS by 1965, 1433; A 1971, 943; 1977, 537; 1995, 766; 1999, 2529, 2542; 2001, 187)—(Substituted in revision for NRS 350.003)
NRS 350.0125 Technical assistance provided by department of taxation or board of county commissioners to carry out duties of commission.
1. The commission in a county whose population is less than 45,000 may request technical assistance from the department of taxation to carry out the duties of the commission. Upon such a request, the department of taxation shall provide to that commi