Section 361.930 - Cost: Determination; actuarial calculations; credit for certain property tax payments1. The State Treasurer will determine the cost of a certificate in accordance with the provisions of NRS 361.900.2. An actuarial calculation will be used to project the life expectancy of the titleholders of the property, the income that will be earned on the money in the Allodial Title Trust Account, and changes in the assessed valuation of the property, including, without limitation, the results of inflation and changes in taxable value resulting from the construction, remodeling or rebuilding of improvements.3. If the titleholder has made any property tax payments that cover a period after the effective date of the certificate, the titleholder will be provided credit for those property tax payments against the cost of the certificate.Nev. Admin. Code § 361.930
Added to NAC by St. Treasurer by R088-01, eff. 10-22-2001