NRS 91.050
“Commodity” defined.

1.

“Commodity” means, except as otherwise provided in subsection 2 or specified by the Administrator by regulation or order:

(a)

Any agricultural, grain or livestock product or by-product;

(b)

Any metal or mineral, including a precious metal;

(c)

Any gem or gemstone whether characterized as precious, semiprecious or otherwise;

(d)

Any fuel, whether liquid, gaseous or otherwise;

(e)

Any foreign currency; and

(f)

All other goods, articles, products or items of any kind.

2.

“Commodity” does not include:

(a)

A numismatic coin whose fair market value is at least 15 percent higher than the value of the metal it contains;

(b)

Real property or any timber, agricultural or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or

(c)

Any work of art offered or sold by art dealers, at public auction or offered or sold through a private sale by the owner thereof.

Source: Section 91.050 — “Commodity” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-091.­html#NRS091Sec050.

Last Updated

Jun. 24, 2021

§ 91.050’s source at nv​.us