Nevada Administrative Code (Last Updated: January 6, 2015)

NAC372.695. Sales to State of Nevada: Applicability to credit union.

Latest version.

1. The exemption provided in subsection 3 of section 50 of chapter 397, Statutes of Nevada 1955, (NRS 372.325), applies to a credit union chartered by this State pursuant to the provisions of chapter 678 of NRS as an instrumentality of the State.

2. This exemption does not extend to a vendor who finances purchases through the credit union.

(Added to NAC by Tax Comm’n, eff. 8-2-90)

                    
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