Nev. Admin. Code § 361.298 — 361.298

NAC 361.298    “Fractional appraisal” defined. ( NRS
360.090 , 361.320 )    “Fractional appraisal”
means the valuation of one or more component parts without reference to the
value of the whole enterprise. The sum of two or more fractional appraisals is
called a summation appraisal and does not always equal unit value.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]