Nev. Rev. Stat. § 682A.428
Exempted personal property under lease.
Nothing in NRS 682A.420 to 682A.428, inclusive, applies to tangible personal property lease arrangements between an insurer and its subsidiaries and affiliates in accordance with a cost-sharing arrangement or agreement permitted in accordance with the provisions of chapter 692C of NRS.
(Added to NRS by 2015, 3439)