State Codes and Statutes
Statutes > Nevada > Title-10 > Chapter-118b > General-provisions > 118b-0113118B.0113 “Capital improvement” defined. “Capital improvement” means an addition or betterment made to a manufactured home park that:
1. Consists of more than the repair or replacement of an existing facility;
2. Is required by law to be amortized over its useful life for the purposes of income tax; and
3. Has a useful life of 5 years or more.
(Added to NRS by 1995, 2752; A 2001, 1170)