Nev. Admin. Code § 361.302

Current through December 12, 2024

Section 361.302 - "Functional depreciation" defined

"Functional depreciation" means the loss of service usefulness or obsolescence due to technological advances or social requirements.

Nev. Admin. Code § 361.302

Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320