NRS 271.538 Medium-term obligations.
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NRS 271.538 Medium-term obligations. If there is not sufficient money in the general fund of the municipality and if the requirements of chapter 350 of NRS, with respect to medium-term obligations, are met, money may be provided by a medium-term obligation to cover the cost of an improvement made pursuant to NRS 271.536 . In such case, the loan must be repaid from the special assessments made, in lieu of the special tax required by chapter 350 of NRS.