Nev. Admin. Code § 361.402 — 361.402

NAC 361.402    “Unitary method of valuation” defined. ( NRS 360.090 , 361.320 )    “Unitary
method of valuation,” as used in the central assessment of utilities, is a
method of valuation which recognizes that a utility is an integrated enterprise
and that its market value is not a summation of the values of its various
physical components but its value as a whole as a going concern.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]