Section 706.401916 - "Current asset" defined"Current asset" means:
2. An asset that is readily convertible into cash or is held for current use in operations;3. A current claim against another person, the payment of which is reasonably assured; and4. An amount accruing to a company that is subject to current settlement, except an item for which an account other than an account designated as a current asset is provided.Nev. Admin. Code § 706.401916
Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002