271.407 - Assessments against State and political subdivisions: Ninety-day period of payment; deferred payments.
271.407 Assessments against State and political subdivisions: Ninety-day period of payment; deferred payments.
1. All assessments made against the State or any of its political subdivisions shall be due and payable in cash without demand within 90 days after the effective date of the assessment ordinance.
2. All such assessments may at the election of the State or political subdivision against which the assessment was made be paid in installments with interest as hereinafter provided whenever the board so authorizes the payment of assessments. Such installments shall not extend beyond the period authorized for private owners for the same assessment.
(Added to NRS by 1971, 942)