704.7578 - “Interest in a generation asset” defined.
704.7578 “Interest in a generation asset” defined.
1. “Interest in a generation asset” means any interest, in whole or in part, in the physical plant, facility, equipment or system that makes up the generation asset, whether such interest is legal or equitable, present or future, or contingent or vested.
2. The term does not include any interest in the electricity or other energy produced by the generation asset.
(Added to NRS by 2001, 344)