Nev. Rev. Stat. § 342.015

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 342.015 - Definitions

As used in NRS 342.015 to 342.075, inclusive, unless the context otherwise requires:

1. "Acquisition" means the acquisition of real property by a governmental body by purchase or eminent domain.

2. "Business" means a business which is licensed and registered in accordance with law.

3. "Displacement" means the actual vacating of real property by a natural person or business because of an acquisition by a governmental body.

4. "Governmental body" means any political subdivision of this state, any department, agency or instrumentality of a political subdivision, and any other entity which is authorized to exercise the power of eminent domain.

NRS 342.015

Added to NRS by 1995, 2232