Nevada Revised Statutes Section 361.115 - Revenue and Taxation

Exemption of property of Nevada Children’s Foundation, Inc. All real and personal property of the Nevada Children’s Foundation, Inc., in the State of Nevada, shall be exempt from taxation, but when and if such property is used for any purpose other than carrying out the legitimate functions of the Nevada Children’s Foundation, Inc., the same shall be taxed.

Last modified: February 27, 2006