Effect of resale certificate. [Effective January 1, 2006.] A resale certificate relieves the person selling the property from the burden of proof only if taken in good faith from a person who:
1. Is engaged in the business of selling tangible personal property;
2. Is registered pursuant to NRS 360B.200 or holds a permit issued pursuant to NRS 372.135; and
3. At the time of purchasing the tangible personal property, intends to sell it in the regular course of business or is unable to ascertain at the time of purchase whether the property will be sold or will be used for some other purpose.
Last modified: February 27, 2006