“Inactive business operations” means the continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for that purpose.
NRS 286.711
“Inactive business operations” defined
Known as the Public Employees’ Retirement Act
The act spans §§ 286–286 (165 sections).
(Added to NRS by 2009, 2776)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.