Statutes > Nevada Statutes > TITLE 31 - PUBLIC FINANCIAL ADMINISTRATION > Chapter 354 - Local Financial Administration > BUDGETS OF LOCAL GOVERNMENTS > 354.499 - “Capital assets” defined.

354.499 - “Capital assets” defined.

354.499  “Capital assets” defined.  “Capital assets” means assets of a long-term character which are intended to continue to be held or used such as land, buildings, machinery, furniture and other equipment.

      (Added to NRS by 1965, 728; A 2001, 1797)—(Substituted in revision for NRS 354.528)