Nev. Admin. Code § 361A.30 — 361A.30

NAC 361A.030    “Business venture for profit” defined. ( NRS 360.090 , 360.250 )    “Business
venture for profit” means an agricultural pursuit engaged in by an operator for
a reasonable profit or at least upon the expectation of a reasonable profit
consistent with the productive capability of the land unit.
(Added to NAC by Tax Comm’n by R030-03, eff. 12-4-2003)