Nevada § 361.160 - “Personal property in transit” defined; exceptions
Full text of Nevada Nevada Revised Statutes § 361.160 — “Personal property in transit” defined; exceptions, with citation guidance and answers to common questions.
§ 361.160. “Personal property in transit” defined; exceptions
1. Personal property in transit through this State is personal property: (a) Which is moving in interstate commerce through or over the territory of the State
of Nevada; or (b) Which was consigned to a warehouse, public or private, within the State of Nevada
from outside the State of Nevada for storage in transit to a final destination outside
the State of Nevada, whether specified when transportation begins or afterward. Such property is deemed to have acquired no situs in Nevada for purposes of taxation.
Such property is not deprived of exemption because while in the warehouse the property
is assembled, bound, joined, manufactured, processed, disassembled, divided, cut,
broken in bulk, relabeled or repackaged, or because the property is being held for
resale to customers outside the State of Nevada. The exemption granted shall be liberally construed to effect the purposes of NRS 361.160 to 361.185 , inclusive. 2. Personal property within this State as mentioned in NRS 361.030 and 361.045 to 361.155 , inclusive, does not include personal property in transit through this State as defined
in this section.
Frequently Asked Questions About Nevada § 361.160
What does Nevada Revised Statutes § 361.160 cover?
Section 361.160 ("“Personal property in transit” defined; exceptions") 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 § 361.160?
A common citation format is "Nevada Revised Statutes § 361.160" (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 § 361.160 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.