1. “Gift” means a payment, subscription, advance, forbearance, rendering or deposit of money, services or anything of value unless consideration of equal or greater value is received.
2. “Gift” does not include:
(a) A political contribution of money or services related to a political campaign;
(b) A commercially reasonable loan made in the ordinary course of business;
(c) The cost of entertainment, including the cost of food or beverages; or
(d) Anything of value received from:
(1) A member of the recipient’s immediate family; or
(2) A relative of the recipient or relative of the recipient’s spouse within the third degree of consanguinity or from the spouse of any such relative.
(Added to NRS by 1975, 1171; A 1993, 2587)—(Substituted in revision for NRS 218.908)
1. “Gift” means a payment, subscription, advance, forbearance, rendering or deposit of money, services or anything of value unless consideration of equal or greater value is received.
2. “Gift” does not include:
(a) A political contribution of money or services related to a political campaign;
(b) A commercially reasonable loan made in the ordinary course of business;
(c) The cost of entertainment, including the cost of food or beverages; or
(d) Anything of value received from:
(1) A member of the recipient’s immediate family; or
(2) A relative of the recipient or relative of the recipient’s spouse within the third degree of consanguinity or from the spouse of any such relative.
(Added to NRS by 1975, 1171; A 1993, 2587)—(Substituted in revision for NRS 218.908)
1. “Gift” means a payment, subscription, advance, forbearance, rendering or deposit of money, services or anything of value unless consideration of equal or greater value is received.
2. “Gift” does not include:
(a) A political contribution of money or services related to a political campaign;
(b) A commercially reasonable loan made in the ordinary course of business;
(c) The cost of entertainment, including the cost of food or beverages; or
(d) Anything of value received from:
(1) A member of the recipient’s immediate family; or
(2) A relative of the recipient or relative of the recipient’s spouse within the third degree of consanguinity or from the spouse of any such relative.
(Added to NRS by 1975, 1171; A 1993, 2587)—(Substituted in revision for NRS 218.908)
