Nev. Admin. Code § 706.401968

Current through December 12, 2024
Section 706.401968 - Account for current and accrued liabilities
1. Except as otherwise provided in this section, the account for current and accrued liabilities must include, without limitation, obligations that have matured or become due within 1 year after the date thereof.
2. Bonds or receivers' certificates and other similar items must not be entered in the account for current and accrued liabilities. Such items must be classified as long-term liabilities until the date of maturity.

Nev. Admin. Code § 706.401968

Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002

NRS 706.167, 706.171