Nevada § 353.510 - “Agreement” defined
Full text of Nevada Nevada Revised Statutes § 353.510 — “Agreement” defined, with citation guidance and answers to common questions.
§ 353.510. “Agreement” defined
“Agreement” means an agreement to purchase property, in the form of a lease or an
agreement to pay in installments, pursuant to which the State of Nevada or a state
agency may pay the purchase price of real or personal property over a period of time
which extends beyond the biennium in which the agreement is executed, including, without
limitation: 1. An agreement pursuant to which the State of Nevada or a state agency may acquire
the property that is the subject of the agreement at the end of the term of the agreement
or the end of the term of a renewal of the agreement upon payment of no additional
consideration or nominal additional consideration; and 2. An agreement that, for the purposes of federal income tax, is treated as an agreement
for conditional sale.
Frequently Asked Questions About Nevada § 353.510
What does Nevada Revised Statutes § 353.510 cover?
Section 353.510 ("“Agreement” 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 § 353.510?
A common citation format is "Nevada Revised Statutes § 353.510" (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 § 353.510 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.