Nev. Admin. Code § 361.388 — 361.388

NAC 361.388    “Straight-line depreciation” defined. ( NRS 360.090 , 361.320 )    “Straight-line
depreciation” means the accounting practice of recording equal annual
increments of depreciation over the estimated life of an asset. In an appraisal
it means equal annual increments of loss in value.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]—(NAC
A 9-30-88)