539.263 - Contract not to be let unless sufficient money in treasury or payable in district’s bonds.
539.263 Contract not to be let unless sufficient money in treasury or payable in district’s bonds. No contract of any kind shall be let by the board of directors unless there is sufficient money in the district treasury at the time such contract is let to pay fully for the work or material so contracted for, or unless such contract is made payable in bonds of the district as provided for in NRS 539.570 to 539.577, inclusive.
[Part 30:64:1919; A 1921, 118; 1925, 203; 1927, 309; NCL § 8043]
NRS 539.265 When bids may be dispensed with; use of construction fund. On the petition of a majority of the electors of the district, the board of directors may do any construction or repair of any part of the work on behalf of the district without calling for bids, and the board may use the construction fund therefor.
[31:64:1919; 1919 RL p. 3282; NCL § 8044]—(NRS A 1967, 1241)