Nevada Revised Statutes 266.3861 – Appointment of appraisers
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Upon the adoption of a resolution pursuant to NRS 266.386, the district court of the county shall appoint a qualified firm of licensed engineers to make a true and correct appraisement of the fair market value of the electric light and power system.
Terms Used In Nevada Revised Statutes 266.3861
- county: includes Carson City. See Nevada Revised Statutes 0.033
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.