Nev. Rev. Stat. § 42.225

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 42.225 - "Discounted present value" defined

"Discounted present value" means the present value of future payments determined by discounting such payments to the present using the most recently published Applicable Federal Rate for determining the present value of an annuity, as issued by the Internal Revenue Service.

NRS 42.225

Added to NRS by 2021,1720
Added by 2021, Ch. 297,§7, eff. 10/1/2021.