"Entity" defined.

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"Entity" means a person that has a separate legal existence or has the power to acquire an interest in real property in its own name. The term does not include:

1. Any individual other than a nonresident guardian;

2. A testamentary, inter vivos or charitable trust, with the exception of a business trust, statutory trust or similar trust;

3. An association or relationship that is not a partnership by reason of NRS 87.070, subsection 3 of NRS 87.4322 or similar provisions of the law of any other jurisdiction;

4. A decedent’s estate; or

5. A public corporation, government or governmental subdivision, agency or instrumentality or a quasi-governmental instrumentality.

(Added to NRS by 2007, 2630; A 2017, 4363)


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