Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 361.272 — 361.272
NAC 361.272 Economic life defined. ( NRS
360.090 , 361.320 ) Economic life means the
useful life of a property in contrast to its physical life which could be
greater.
[Tax Commn, Property Tax Reg. part No. 15, eff. 10-30-79]
Source: official text