271.536 Ā Advances of money for certain improvements in lieu of issuance of bonds or interim securities. Ā In lieu of issuing bonds or interim securities to defray the cost of an improvement to be constructed by way of a special improvement district, the governing body may advance money to cover that cost from:

1. Ā The general fund of the municipality, if the cost of the improvement does not exceed $300,000; or

2. Ā A proprietary fund, if the municipality has established a proprietary fund for that purpose pursuant to NRS 354.612.

(Added to NRS by 1979, 489; A 1981, 955; 1989, 610; 2001, 1821)