Nev. Admin. Code § 361.350 — 361.350

NAC 361.350    “Original cost” defined. ( NRS
360.090 , 361.320 )    “Original cost” means the
cost of a property item to the present owner. At times, it is used as an
equivalent to the historical cost.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]