Nev. Admin. Code § 361.232 — 361.232

NAC 361.232    “Bond rating” defined. ( NRS
360.090 , 361.320 )    “Bond rating” means a
classification assigned by financial reporting institutions reflecting relative
standings as to risk. The classification may include consideration of
management, revenue prospects, regulatory climate, operating costs and many
other aspects of business operations.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]