Nev. Rev. Stat. § 338.13841

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 338.13841 - "Business owned and operated by a veteran with a service-connected disability" defined

"Business owned and operated by a veteran with a service-connected disability" means a business:

1. Of which at least 51 percent of the ownership interest is held by one or more veterans with service-connected disabilities;

2. That is organized to engage in commercial transactions; and

3. That is managed and operated on a day-to-day basis by one or more veterans with service-connected disabilities.

The term includes a business which meets the above requirements that is transferred to the spouse of a veteran with a service-connected disability upon the death of the veteran, as determined by the United States Department of Veterans Affairs.

NRS 338.13841

Added to NRS by 2009, 2668; A 2015, 560

Amended by 2015, Ch. 145,§18.5, eff. 7/1/2015.

Added to NRS by 2009, 2668