Nev. Admin. Code § 361.402

Current through December 12, 2024

Section 361.402 - "Unitary method of valuation" defined

"Unitary method of valuation," as used in the central assessment of utilities, is a method of valuation which recognizes that a utility is an integrated enterprise and that its market value is not a summation of the values of its various physical components but its value as a whole as a going concern.

Nev. Admin. Code § 361.402

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

NRS 360.090, 361.320