“Proceeds” means personal property that is received or collected on account of a tenant’s obligation to pay rents.
NRS 107A.120
“Proceeds” defined
Known as the Uniform Assignment of Rents Act
The act spans §§ 107–107 (37 sections).
(Added to NRS by 2007, 298)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.