Nev. Admin. Code § 706.401927

Current through November 25, 2024
Section 706.401927 - "Salvage value" defined

"Salvage value" means:

1. The amount received for property disposed or property retired, less the cost of disposition; or
2. An arbitrary value that is set up for accounting purposes on resalable, usable or depreciable property.

Nev. Admin. Code § 706.401927

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

NRS 706.167, 706.171