Nevada Revised Statutes 539.320 – Obligation of district in case of default of land
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Nothing contained in this chapter shall be construed to relieve the district from its obligation to pay as a district in case of the default of any land, unless so provided by the contract between the district and the United States.
Terms Used In Nevada Revised Statutes 539.320
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.