318.339 - Power of certain districts to borrow money from State or Federal Government.
318.339 Power of certain districts to borrow money from State or Federal Government. A district organized or reorganized pursuant to this chapter and authorized to exercise any of the basic powers provided in NRS 318.140, 318.142 and 318.144 may borrow money from the State or Federal Government without limitation by other provisions of this chapter. The power conferred by this section may be exercised only for the purpose of exercising one or more of the basic powers enumerated in this section, whether or not the district is authorized to exercise any other basic power.
(Added to NRS by 1968, 58)