reglab/housing_qa huggingface dataset:
NV Rev Stat § 539.613 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.613 - Issuance authorized without election; purposes; exchange or sale; lien.

  1. Any bonds of the district issued in accordance with the provisions of this chapter or any other statute and payable from any pledged revenues, assessments or taxes ad valorem, or any combination thereof, may be refunded by the board, without the necessity of the refunding bonds being authorized at an election, by the adoption of a resolution by the board and by any trust indenture or other proceedings appertaining thereto, authorizing the issuance of refunding bonds to pay, refund and discharge all or any part of any outstanding bonds of the district, including:  (a) The acceleration, deceleration or other modification of the payment of those obligations and any interest thereon in arrears or to become due for any period not exceeding 3 years from the date of issuance of the refunding bonds;  (b) To reduce the interest on the outstanding bonds;  (c) To modify or eliminate restrictive contractual limitations on the issuance of additional bonds, concerning the outstanding bonds or concerning any facilities appertaining thereto; or  (d) Any combination of the purposes stated in paragraphs (a), (b) and (c).  2. Any refunding bonds issued may be delivered in exchange for any outstanding bonds being refunded or may be sold at a public or private sale.  3. The lien for taxes for the payment of the interest and principal of any refunding bond issue is of equal rank with the lien of the original bond issue retired thereby.  [Part 27 1/2:64:1919; added 1925, 137; NCL § 8039] — (NRS A 1977, 1239; 1985, 2065)
NV Rev Stat § 539.6133 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6133 - Voluntary surrender or limitation on maturity; limitation on principal, interest and maturity.

  1. No bonds may be refunded under this chapter unless the holders of those bonds voluntarily surrender them for exchange or payment, or unless they either mature or are callable for prior redemption under their terms within 25 years from the date of issuance of the refunding bonds. Provision must be made for paying the bonds within that period.  2. The maturity of any bond refunded may not be extended beyond 25 years, or beyond 1 year next following the date of the last outstanding maturity, whichever is later, nor may any interest on any bond refunded be increased to any rate which exceeds by more than 5 percent the Index of Revenue Bonds which was most recently published before bids are received or a negotiated offer for the bonds is accepted.  3. The principal amount of the refunding bonds may exceed, be less than or equal to the principal amount of the refunded bonds, if sufficient provision is made for their payment.  (Added to NRS by 1985, 2059)
NV Rev Stat § 539.6135 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6135 - Use of proceeds; payment of incidental costs.

  1. Except as otherwise provided in this chapter, the proceeds of refunding bonds must be immediately applied to the retirement of the bonds to be refunded or be placed in escrow or trust in any trust banks or credit unions within or without or both within and without this state to be applied to the payment of the refunded bonds or the refunding bonds, or both, upon their presentation therefor to the extent, in the priority and otherwise in the manner which the board may determine.  2. The incidental costs of refunding bonds may be paid by the purchaser of the refunding bonds or be defrayed from any money of the district, subject to appropriations therefor as otherwise provided by statute, or other available revenues of the district under the control of the board, from the proceeds of the refunding bonds, from the interest or other yield derived from the investment of any proceeds of the refunding bonds or other money in escrow or trust, or from any other sources legally available therefor, or any combination thereof, as the board may determine.  (Added to NRS by 1985, 2059; A 1999, 1510)
NV Rev Stat § 539.6137 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6137 - Escrow or trust for payment of refunded or refunding bonds.

  1. Any escrow or trust provided pursuant to NRS 539.6135 is not necessarily limited to the proceeds of refunding bonds but may include other money available for its purpose. Any proceeds in escrow or trust, pending their use, may only be invested or reinvested in securities which are direct obligations of or which the principal of and interest on are unconditionally guaranteed by the Federal Government.  2. Any trust bank or credit union shall continuously secure any money placed in escrow or trust and not so invested or reinvested in federal securities by a pledge in any trust banks or credit unions, within or without or both within and without this state, of similar federal securities in an amount which is at all times at least equal to the total uninvested amount of the money accounted for in the escrow or trust.  3. The proceeds and investments in escrow or trust, together with any interest or other gain to be derived from any such investment, must be in an amount at all times at least sufficient to pay the principal of, interest on and any prior redemption premiums due, any charges of the escrow agent or trustee and any other incidental expenses payable therefrom, except to the extent provision may have been previously otherwise made therefor, as those obligations become due at their respective maturities or due at the designated prior redemption dates in connection with which the board has exercised or is obligated to exercise a prior redemption option on behalf of the district.  4. The computations made in determining that sufficiency must be verified by a certified public accountant certified or licensed to practice in this state or in any other state.  (Added to NRS by 1985, 2059; A 1999, 1511)
NV Rev Stat § 539.614 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.614 - Source of payment and security; applicability of provisions of chapter; conclusiveness of board’s determination of compliance with chapter.

  1. Refunding bonds may be payable from and secured by any source of revenue or taxes from which the refunded bonds were or could have been made payable.  2. Except as otherwise expressly provided or necessarily implied in this chapter, the relevant provisions in this chapter appertaining generally to the issuance of bonds to defray the cost of any project are equally applicable in the authorization and issuance of refunding bonds, including their terms and security, the covenants and other provisions of the resolution authorizing the issuance of the bonds, or other instrument or proceedings appertaining thereto, and other aspects of the bonds.  3. The determination of the board that the limitations imposed in this chapter upon the issuance of refunding bonds have been met is conclusive, in the absence of fraud or an arbitrary and gross abuse of its discretion.  (Added to NRS by 1985, 2060)
NV Rev Stat § 539.615 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.615 - Series and issue of bonds.

  1. The bonds authorized by vote shall be designated as a series, and the series shall be numbered consecutively as authorized.  2. The portion of the bonds of the series authorized to be sold at any time shall be designated as an issue and each issue shall be numbered in its order.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27]
NV Rev Stat § 539.617 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.617 - Consecutive numbering; negotiability and payment; multiples of $100.

The bonds of such issue shall be numbered consecutively, commencing with those earliest falling due, and they shall be designated as 11-year bonds, 12-year bonds, and so forth. They shall be negotiable in form, and payable in money of the United States as follows: At the expiration of 11 years from each issue, 5 percent of the whole number of bonds of such issue; at the expiration of 12 years, 6 percent; at the expiration of 13 years, 7 percent; at the expiration of 14 years, 8 percent; at the expiration of 15 years, 9 percent; at the expiration of 16 years, 10 percent; at the expiration of 17 years, 11 percent; at the expiration of 18 years, 13 percent; at the expiration of 19 years, 15 percent; at the expiration of 20 years, 16 percent; but such percentage may be changed sufficiently so that every bond shall be in the amount of $100, or a multiple thereof, and the above provisions shall not be construed to require any single bond to fall due in partial payments.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27]
NV Rev Stat § 539.620 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.620 - Directors may fix and determine time for issuance and maturity; limit on maturity.

The board of directors may, with the approval of the Department of Taxation, fix and determine otherwise than as provided in NRS 539.617 the time for the issuance and maturity of the bonds, the manner, method, terms and conditions of their payment, and provide for the calling and redeeming of the bonds before maturity at a premium not in excess of 9 percent above par; but in no case may the maturity of any bond be more than 50 years after the date thereof.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27] — (NRS A 1969, 488; 1971, 2128; 1975, 876; 1977, 1240; 1981, 1421)
NV Rev Stat § 539.623 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.623 - Form of bonds.

  1. Bonds shall express on their faces that they were issued by the authority of this chapter and shall also state the number of the issue of which the bonds are a part.  2. Bonds shall be signed by the president and the secretary, and the seal of the district shall be affixed thereto.  3. Interest coupons shall be attached to the bonds, which coupons shall be signed by the secretary.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27]
NV Rev Stat § 539.624 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.624 - Issuance separately or in combination.

Bonds for refunding and bonds for any other purpose authorized under this chapter or by any other statute may be issued separately or issued in combination in one series or more by the district in accordance with the provisions of this chapter.  (Added to NRS by 1985, 2060)
NV Rev Stat § 539.625 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.625 - Date of bonds.

All bonds and coupons must be dated as provided in the resolution of the board authorizing their issuance.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27] — (NRS A 1985, 2026)
NV Rev Stat § 539.627 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.627 - Denominations.

The bonds shall each be of a denomination of not less than $100.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27] — (NRS A 1969, 489)
NV Rev Stat § 539.630 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.630 - Interest.

The bonds must bear interest at a rate which does not exceed by more than 5 percent the Index of Revenue Bonds which was most recently published before the bids are received or a negotiated offer is accepted, payable annually, semiannually or at such other times as designated by the board.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27] — (NRS A 1969, 489; 1971, 2128; 1975, 877; 1981, 1421; 1983, 588; 1985, 2066)
NV Rev Stat § 539.633 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.633 - Places of payment.

The principal and interest shall be payable at the place designated in the bonds, which may be at any place within or outside of this state, and any district may deposit money in one or more banks or credit unions within or outside of this state for the payment of the principal or interest on such bonds at the place or places at which the same are payable, or for any other lawful purpose.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27] — (NRS A 1999, 1511)
NV Rev Stat § 539.635 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.635 - Record to be kept by secretary and treasurer.

The secretary and the treasurer shall each keep a record of the bonds sold, their number, the date of sale, the price received and the name of the purchaser.  [Part 16:64:1919; A 1921, 118; 1929, 286; 1933, 271; 1955, 27]
NV Rev Stat § 539.6353 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6353 - Rights and remedies cumulative.

No right or remedy conferred upon any holder of any bonds or any trustee for that holder by this chapter or by any proceedings appertaining to the issuance of those bonds is exclusive of any other right or remedy, but each right or remedy is cumulative and in addition to every other right or remedy and may be exercised without exhausting and without regard to any other remedy conferred under this chapter or by any other statute.  (Added to NRS by 1985, 2058)
NV Rev Stat § 539.6355 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6355 - Failure of holder of bonds to proceed does not relieve district of liability.

The failure of any holder of any bonds to proceed as provided in this chapter or in proceedings appertaining thereto does not relieve the district, the board or any of the officers, agents and employees of the district of any liability for failure to perform or carry out any duty, obligation or other commitment.  (Added to NRS by 1985, 2059)
NV Rev Stat § 539.636 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.636 - Power of board of directors.

In addition to the other means of providing revenue for districts as provided in this chapter, the board of directors under certain circumstances as set forth in NRS 539.636 to 539.6366, inclusive, or as may be otherwise provided by law, may levy and collect general (ad valorem) taxes on all taxable property within the district for the purpose of additionally securing the payment of any bonds issued under the provisions of this chapter and for the purpose of paying attorney’s fees and other costs directly related to protecting the supply and distribution of water.  (Added to NRS by 1963, 1005; A 1965, 87; 1993, 1167)
NV Rev Stat § 539.6361 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6361 - Reserve fund from bond proceeds: Creation, accumulation and maintenance; augmentations.

Any resolution authorizing the issuance of bonds under the provisions of this chapter or as may be otherwise provided by law shall provide for the creation, accumulation and maintenance of a reasonable reserve fund from bond proceeds to secure additionally the payment of the interest on and the principal of the bonds. Such reserve fund may be augmented by annual assessments or other revenues, as the board of directors may determine.  (Added to NRS by 1963, 1006)
NV Rev Stat § 539.6362 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6362 - Payment of deficiency from general fund, reserve fund or other available revenue; levy of ad valorem tax.

  1. If the special fund created by the proceeds of the annual assessments levied and collected pursuant to the provisions of this chapter is insufficient to pay the principal of and the interest on the bonds as they become due, the deficiency shall be paid out of any general fund, reserve fund or any other available revenues of the district.  2. If any general fund, reserve fund and other available revenues of the district are insufficient to pay any such deficiency promptly, the board of directors shall then levy and it shall be its duty to levy general (ad valorem) taxes.  (Added to NRS by 1963, 1005)
NV Rev Stat § 539.6363 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6363 - Duties of board of directors in making levy.

  1. To levy and collect taxes, the board of directors shall:  (a) Determine in each year the amount of money necessary to be raised by general (ad valorem) taxation, taking into consideration other sources of revenue of the district; and  (b) Fix a rate of levy which, when levied upon every dollar of assessed valuation of taxable property within the district and together with other revenues, will raise the amount required by the district annually to supply funds for paying promptly in full, when due, all interest on and principal of bonds of the district.  In the event of accruing defaults or deficiencies, an additional levy may be made as provided in NRS 539.6364.  2. The board of directors shall certify to the board of county commissioners of each county within the district, or having a portion of its territory within the district, at the same time as fixed by law for certifying thereto tax levies of incorporated cities, the rate so fixed, with directions that at the time and in the manner required by law for levying taxes for county purposes, such board of county commissioners shall levy such tax upon the assessed valuation of all taxable property within the district, in addition to such other taxes as may be levied by such board of county commissioners at the rate so fixed and determined.  3. The board of directors shall levy such general (ad valorem) taxes upon all property in the district which is by law taxable for state, county and municipal purposes, without regard to any statutory tax limitation now or hereafter existing and without limitation as to rate or amount, fully sufficient, after making due allowance for probable delinquencies, to provide for the prompt payment of such bonds as they become due, both principal and interest, but subject to the limitation of Section 2 of Article 10 of the Constitution of the State.  (Added to NRS by 1963, 1006; A 1969, 489; 1979, 1249)
NV Rev Stat § 539.6364 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6364 - Considerations in certifying annual levies; additional levies in event of insufficient revenue.

  1. The board of directors, in certifying annual levies as provided in NRS 539.6363, shall take into account for the ensuing year maturing bonds and interest on bonds, and deficiencies and defaults of prior years, and shall make ample provision for the payment thereof.  2. In case the moneys produced from such levies, together with other revenues of the district, are not sufficient punctually to pay the annual installments on its bonds and interest thereon and to pay defaults and deficiencies, then the board of directors shall make such additional levies of taxes as may be necessary for such purposes, and notwithstanding any limitations, such taxes shall be made and continue to be levied until the bonds of the district, both principal and interest, shall be fully paid.  (Added to NRS by 1963, 1007)
NV Rev Stat § 539.6365 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6365 - Payment of taxes to district; lien.

  1. The body having authority to levy taxes within each county shall levy the general (ad valorem) taxes provided in this chapter. All officials charged with the duty of collecting taxes shall collect such taxes at the time and in the form and manner and with like interest and penalties as other general (ad valorem) taxes are collected and, when collected, shall pay the same to the district ordering its levy and collection. The payment of such collections shall be made monthly to the treasurer of the district and paid into the depository thereof to the credit of the district.  2. All taxes levied under this chapter, together with interest thereon and penalties for default in payment thereof and all costs of collecting the same, shall, until paid, constitute a perpetual lien on and against the property taxed, and such lien shall be on a parity with the tax lien of other general taxes, and no sale of such property to enforce any general tax or other lien shall extinguish the perpetual lien of such district taxes.  (Added to NRS by 1963, 1007)
NV Rev Stat § 539.6366 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6366 - Sale of property for nonpayment of taxes.

If the general (ad valorem) taxes levied are not paid as provided in this chapter, the property subject to the tax lien shall be sold, and the proceeds thereof shall be paid over to the district according to provisions of the laws applicable to tax sales and redemptions.  (Added to NRS by 1963, 1007)
NV Rev Stat § 539.6371 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6371 - Issuance authorized to finance revenue-producing project.

Any bonds issued to finance or refinance the costs of a revenue-producing project of the district may be payable solely from, or additionally secured by, a pledge of the net revenues of that project or the net revenues of any revenue-producing facility of the district.  (Added to NRS by 1985, 2055)
NV Rev Stat § 539.638 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.638 - Liens.

  1. Revenues pledged for the payment of any bonds, as received by or otherwise credited to the district, are immediately subject to the lien of each pledge without any physical delivery thereof, any filing or further act.  2. The lien of each such pledge and the obligation to perform the contractual provisions made in the authorizing resolution or other instrument appertaining thereto has priority over any or all other obligations and liabilities of the district, except as otherwise provided in this chapter or in the resolution or other instrument, and subject to any prior pledges and liens.  3. The lien of each such pledge is valid and binding as against all persons having claims of any kind in tort, contract or otherwise against the district whether or not those persons have notice thereof.  (Added to NRS by 1985, 2057)
NV Rev Stat § 539.6385 (2021)
2021 Nevada Revised Statutes|Chapter 539 - Irrigation Districts|NRS 539.6385 - Rights and powers of holders of bonds.

Subject to any contractual limitations binding upon the holders of any issue or series of bonds, or trustee therefor, including the restriction of the exercise of any remedy to a specified proportion, percentage or number of those holders, and subject to any prior or superior rights of others, any holder of bonds, or trustee therefor, has the right and power, for the equal benefit and protection of all holders of bonds similarly situated:  1. By mandamus or other suit, action or proceeding at law or in equity to enforce his or her rights against the district, the board and any other officers, agents and employees of the district, to require and compel the district, the board or any such officers, agents or employees to perform and carry out their respective duties, obligations or other commitments under this chapter and their respective covenants and agreements with the holder of any bonds;  2. By action or suit in equity to require the district to account as if it is the trustee of an express trust;  3. By action or suit in equity to have appointed a receiver, who may enter and take possession of the project and other facilities and any pledged revenues for the payment of the bonds, prescribe sufficient fees derived from the project and other facilities, and collect, receive and apply all pledged revenues or other money pledged for the payment of the bonds in the same manner as the district might do in accordance with the obligations of the district; and  4. By action or suit in equity to enjoin any acts or things which may be unlawful or in violation of the rights of the holder of any bonds and to bring suit thereupon.  (Added to NRS by 1985, 2057)