Nev. Rev. Stat. § 374.245 — Liability of purchaser giving resale certificate for use of article bought for resale

NRS  374.245    Liability of purchaser giving resale certificate for use of
article bought for resale.    If a
purchaser who gives a certificate makes any storage or use of the property
other than retention, demonstration or display while holding it for sale in the
regular course of business, the storage or use is taxable as of the time the
property is first so stored or used. If the sole use of the property, other
than retention, demonstration or display in the regular course of business, is
the rental of the property while holding it for sale, the purchaser may elect
to pay the tax on the use measured by the amount of the rental charged rather
than the sales price of the property to him or her.