Nev. Admin. Code § 350.210

Current through October 11, 2024

Section 350.210 - Failure or refusal of governing body to adopt resolution approving or objecting to proposal resulting in increase of rate of property taxes

If the governing body of an entity that receives a notification of a proposal that will result in an increase in the rate of property taxes pursuant to subsection 1 of NRS 350.0135 fails, neglects or refuses to adopt a resolution approving or objecting to the proposal described in the notice not later than 60 days after the date of the postmark on the notification, the governing body shall be deemed to have waived its right to object to the proposal.

Added to NAC by Com. on Local Gov't Finance by R030-05, eff. 5-4-2006

NRS 350.009, 350.0135