Statute 342 015

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 and registered 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)