NRS 361.187 Applicability of exemption to owner of leased art.
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NRS 361.187 Applicability of exemption to owner of leased art. The exemption provided in paragraph
(j)of subsection 1 of NRS 361.068 applies to taxes on personal property otherwise due from the owner of a work of fine art that is leased to a person who publicly displays the work. The price or value to which that section refers is the price or value of the work that is leased.
Legal Description of Lands for Purposes of Assessment