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NRS 354.523

“Expense” defined

Known as the Local Government Budget and Finance Act

The act spans §§ 354–354 (155 sections).

(Added to NRS by 1981, 1756; A 2001, 1797)

“Expense” means any charge incurred, under the accrual basis, whether paid or unpaid, for operation, maintenance or interest or any other charge which is presumed to provide benefit in the current fiscal period.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.