If the board of county commissioners determines that the best interests of the town are no longer served by a town board form of government, it may order the question to be put on the ballot at the next general election. If the majority of persons voting favor discontinuance of the town board form of government, the town board shall cease to function at the end of the terms of office of the incumbent members of the town board, and the government of the town and all of its assets and liabilities shall revert to the board of county commissioners.

Terms Used In Nevada Revised Statutes 269.022

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
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