Nevada Revised Statutes 360.597 – Definitions
As used in NRS 360.597 to 360.5975, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 360.597
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- county: includes Carson City. See Nevada Revised Statutes 0.033
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Personal property: All property that is not real property.
- Trustee: A person or institution holding and administering property in trust.
1. ’Business’ includes any activity engaged in by any person or caused to be engaged in by any person with the object of gain, benefit or advantage, either direct or indirect.
2. ’Person’ includes any individual, firm, copartnership, joint venture, association, social club, fraternal organization, corporation, estate, trust, business trust, receiver, trustee, syndicate, cooperative, assignee or any other group or combination acting as a unit, but shall not include the United States, this State or any agency thereof, or any city, county, district or other political subdivision of this State.
3. ’Retail sale’ has the meaning ascribed to it in NRS 372.050.
4. ’Seller’ includes every person engaged in the business of selling tangible personal property of any kind, the gross receipts from the retail sale of which are required to be included in the measure of the sales tax imposed by NRS 372.105 or 372.185 or an ordinance enacted pursuant to NRS 377.030.
5. ’Tangible personal property’ has the meaning ascribed to it in NRS 372.085.