NAC706.609. “Functional division” defined.  


Latest version.
  • “Functional division” means the division of overall activities engaged in by an operating company into identifiable and separable supporting activities, such as dispatching activities, shop and garage activities, cab operating activities, general and administrative activities and other activities.

     [Taxicab Auth., Uniform System of Accounts Reg. Definitions § 17, eff. 12-24-70]