342.015 - Definitions. - Nevada Statutes

342.015  Definitions.  As used in NRS 342.015 to 342.075, inclusive, unless the context otherwise requires:

      1.  “Acquisition” means the acquisition of real property by a governmental body by purchase or eminent domain.

      2.  “Business” means a business which is licensed in accordance with law.

      3.  “Displacement” means the actual vacating of real property by a natural person or business because of an acquisition by a governmental body.

      4.  “Governmental body” means any political subdivision of this state, any department, agency or instrumentality of a political subdivision, and any other entity which is authorized to exercise the power of eminent domain.

      (Added to NRS by 1995, 2232)