Nev. Admin. Code § 361.224 — 361.224

NAC 361.224    “Assessment ratio” defined. ( NRS
360.090 , 361.320 )    “Assessment ratio” means
the relationship of assessed value to market value or to some statutory value
such as actual value or true cash value.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]