NAC361.508. Valuation.

Latest version.

In the valuation of municipal utilities, the depreciated book cost of all operating facilities in Nevada subject to assessment pursuant to NRS 361.315 and 361.320 will be used.

[Tax Comm’n, Property Tax Reg. part No. 15J, eff. 10-30-79]—(NAC A 10-10-83; 9-30-88)

                    
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