{"data":{"id":"us-nv/nrs-91.050","jurisdiction":"us-nv","citation":"NRS 91.050","heading":"“Commodity” defined.","body":"1. “Commodity” means, except as otherwise provided in subsection 2 or specified by the Administrator by regulation or order:\n(a) Any agricultural, grain or livestock product or by-product;\n(b) Any metal or mineral, including a precious metal;\n(c) Any gem or gemstone whether characterized as precious, semiprecious or otherwise;\n(d) Any fuel, whether liquid, gaseous or otherwise;\n(e) Any foreign currency; and\n(f) All other goods, articles, products or items of any kind.\n2. “Commodity” does not include:\n(a) A numismatic coin whose fair market value is at least 15 percent higher than the value of the metal it contains;\n(b) Real property or any timber, agricultural or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or\n(c) Any work of art offered or sold by art dealers, at public auction or offered or sold through a private sale by the owner thereof.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 91 - COMMODITIES","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-091.html#NRS091Sec050","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"ea00f0a8f7282cd418f90596aaca258b86ac08381cb08e741b0533f779a15c1a","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-91.040","next":"us-nv/nrs-91.060"},"notice":"GroundRules: Original legal text. Not legal advice."}
