1. A county fire protection district organized pursuant to NRS 474.010 to 474.450, inclusive, upon its formation:
(a) Is a political subdivision of this State; and
(b) Has perpetual existence unless dissolved as provided in this chapter.
2. Each such district may:
(a) Sue and be sued, and be a party to suits, actions and proceedings;
(b) Arbitrate claims; and
(c) Contract and be contracted with.