Nev. Rev. Stat. § 682A.422

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 682A.422 - Valuation of personal property under lease

The insurer shall compute the amount of each investment acquired in accordance with the provisions of NRS 682A.420 to 682A.428, inclusive, on the basis of the out-of-pocket purchase price and applicable related expenses paid by the insurer for the investment, net of each borrowing made to finance the purchase price and expenses, to the extent the borrowing is without recourse to the insurer.

NRS 682A.422

Added to NRS by 2015, 3439
Added by 2015, Ch. 522,§170, eff. 7/1/2015.