Nevada § 120A.113 - ‘‘Property’’ defined
Full text of Nevada Nevada Revised Statutes § 120A.113 — ‘‘Property’’ defined, with citation guidance and answers to common questions.
§ 120A.113. ‘‘Property’’ defined
1. “ Property ” means tangible property described in NRS 120A.510 or a fixed and certain interest in intangible property that is held, issued or owed
in the course of a holder's business or by a government, governmental subdivision,
agency or instrumentality. 2. The term includes, without limitation: (a) All income from or increments to the property. (b) Property that is referred to as or evidenced by: (1) Money, virtual currency or interest, or a payroll card, dividend, check, draft
or deposit; (2) A credit balance, customer's overpayment, stored-value card, security deposit,
refund, credit memorandum, unpaid wage, unused ticket for which the issuer has an
obligation to provide a refund, mineral proceeds or unidentified remittance; (3) A security, except for a security that is subject to a lien, legal hold or restriction
evidenced on the records of the holder or imposed by operation of law, if the lien,
legal hold or restriction restricts the holder's or owner's ability to receive, transfer,
sell or otherwise negotiate the security; (4) A bond, debenture, note or other evidence of indebtedness; (5) Money deposited to redeem a security, make a distribution or pay a dividend; (6) An amount due and payable under the terms of an annuity or insurance policy;
and (7) An amount distributable from a trust or custodial fund established under a plan
to provide health, welfare, pension, vacation, severance, retirement, death, stock
purchase, profit sharing, employee savings, supplemental unemployment insurance or
similar benefits. 3. The term does not include: (a) Property held in an ABLE account described in section 529A of the Internal Revenue Code , 26 U.S.C. § 529A ; (b) Game-related digital content; (c) A loyalty card; (d) A plot, niche or crypt intended or constructed for the burial, entombment or inurnment
of human remains; or (e) Property held in an endowment care fund established pursuant to NRS 452.050 .
Frequently Asked Questions About Nevada § 120A.113
What does Nevada Revised Statutes § 120A.113 cover?
Section 120A.113 ("‘‘Property’’ defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 120A.113?
A common citation format is "Nevada Revised Statutes § 120A.113" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 120A.113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.