Nev. Admin. Code § 453D.045

Current through December 31, 2024
Section 453D.045 - "Fair market value" defined

"Fair market value" means the value established by the Department based on the price that a buyer would pay to a seller in an arm's length transaction for marijuana in the wholesale market.

Nev. Admin. Code § 453D.045

Added to NAC by Dep't of Taxation by R092-17, eff. 2-27-2018

NRS 453D.200