Nev. Admin. Code § 361.1073 — 361.1073

NAC 361.1073    “Accrued depreciation” defined. ( NRS
360.090 , 360.250 )    “Accrued depreciation”
means the amount of loss in the value of an improvement relative to its
replacement cost, reproduction cost or original cost as a result of physical
deterioration, functional obsolescence or economic obsolescence.
(Added to NAC by Tax Comm’n by R039-10, 8-13-2010, eff.
7-1-2012)