NRS 353.3087 “Liability” defined.
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/nv/chapter-353-state-financial-administration/353-3087·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 353.3087 “Liability” defined. “Liability” means a debt or other legal obligation arising out of a transaction in the past which must be liquidated, renewed or refunded at some future date.