NRS 104.8104
Acquisition of security or financial asset or interest therein.

1.

A person acquires a security, or an interest therein, under this article, if the person:

(a)

Is a purchaser to whom a security is delivered pursuant to NRS 104.8301; or

(b)

Acquires a security entitlement to the security pursuant to NRS 104.8501.

2.

A person acquires a financial asset, other than a security, or an interest therein, under this article, if the person acquires a security entitlement to the financial asset.

3.

A person who acquires a security entitlement to a security or other financial asset has the rights specified in part 5 of this article, but is a purchaser of any security, security entitlement or other financial asset held by the securities intermediary only to the extent provided in NRS 104.8503.

4.

Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule or agreement to transfer, deliver, present, surrender, exchange or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection 1 or 2.

Source: Section 104.8104 — Acquisition of security or financial asset or interest therein., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec8104.

Last Updated

Feb. 5, 2021

§ 104.8104’s source at nv​.us