NAC408.247. “Salvage value” defined.  


Latest version.
  • “Salvage value” means:

         1. The money received from the sale of the property of a utility because of and at the expense of a project; or

         2. The value of the recovered material which is charged to the account of the utility if the material is retained for reuse or recycling.

     (Added to NAC by Dep’t of Transportation, eff. 1-6-95; A by R135-98, 10-3-2000)