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Nev. Rev. Stat. § 354.548

“Liabilities” defined

Nevada · Nevada Revised Statutes Chapter 354 — Local Financial Administration · Status: effective

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Nev. Rev. Stat. § 354.548, “Liabilities” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2105604
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“Liabilities” means, for the purpose of financial reporting, debts or other legal obligations arising out of transactions in the past which must be liquidated or refunded at some future date.