120A.113 - “Property” defined.
120A.113 “Property” defined. “Property” means tangible property described in NRS 120A.510 or a fixed and certain interest in intangible property that is held, issued or owed in the course of a holder’s business or by a government, governmental subdivision, agency or instrumentality, and all income or increments therefrom. The term includes, without limitation, property that is referred to as or evidenced by:
1. Money or a check, draft, deposit, interest or dividend;
2. A credit balance, customer’s overpayment, security deposit, refund, credit memorandum, unpaid wage, mineral proceeds or unidentified remittance;
3. Stock or other evidence of ownership of an interest in a business association or financial organization;
4. A bond, debenture, note or other evidence of indebtedness;
5. Money deposited to redeem stocks, bonds, coupons or other securities or to make distributions;
6. An amount due and payable under the terms of an annuity or insurance policy, including policies providing life insurance, property and casualty insurance, workers’ compensation insurance or health and disability insurance; and
7. An amount distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance or similar benefits.
(Added to NRS by 2007, 756)