Nev. Admin. Code § 372.920 — 372.920

NAC 372.920    Applicability. ( NRS
360.090 , 360B.110 , 372.725 )
1.  Except as otherwise provided in
subsection 2, the provisions of:
(a)  NAC 372.922
to 372.932 , inclusive:
(1) Apply to tangible personal property
purchased on or before June 15, 2005, for lease or rental in this State; and
(2) Do not apply to tangible personal property
purchased after June 15, 2005, for lease or rental in this State.
(b)  NAC 372.934
to 372.946 , inclusive:
(1) Apply to tangible personal property
purchased after June 15, 2005, for lease or rental in this State; and
(2) Do not apply to tangible personal property
purchased on or before June 15, 2005, for lease or rental in this State.
2.  If a person engaged in the lease or
rental of tangible personal property acquired by that person after June 15,
2005, and before November 25, 2009, has complied with the provisions of NAC 372.922 to 372.932 , inclusive, with respect to that
property before November 25, 2009, the provisions of NAC 372.922 to 372.932 , inclusive, apply to that property
and the provisions of NAC 372.934 to 372.946 , inclusive, do not apply to that
property.
(Added to NAC by Tax Comm’n by R105-09, eff. 11-25-2009)
Property Purchased On or Before June 15, 2005