“Discounted present value” means the present value of future payments determined by discounting such payments to the present using the most recently published Applicable Federal Rate for determining the present value of an annuity, as issued by the Internal Revenue Service.
NRS 42.225
“Discounted present value” defined
Known as the Structured Settlement Protection Act
The act spans §§ 42–42 (47 sections).
(Added to NRS by 2021,1720)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.