NRS 374.050
“Purchase” defined.

1.

“Purchase” means any transfer, exchange or barter, conditional or otherwise, in any manner or by any means whatsoever, of tangible personal property for a consideration.

2.

A transaction whereby the possession of property is transferred but the seller retains the title as security for the payment of the price is a purchase.

3.

A transfer for a consideration of tangible personal property which has been produced, fabricated or printed to the special order of the customer, or of any publication, is also a purchase.

Source: Section 374.050 — “Purchase” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-374.­html#NRS374Sec050.

Last Updated

Jun. 24, 2021

§ 374.050’s source at nv​.us