Nev. Admin. Code § 361.322

Current through December 12, 2024

Section 361.322 - "Interest rate" defined

"Interest rate" means a promised, typically contractual annual percentage rate of interest paid on a debt such as a mortgage note or a contract. Interest is the cost of borrowing money.

Nev. Admin. Code § 361.322

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

NRS 360.090, 361.320