NRS 463.485
“Holding company” defined.

1.

“Holding company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person which, directly or indirectly:

(a)

Owns;

(b)

Has the power or right to control; or

(c)

Holds with power to vote,
Ê any part of the limited partnership interests, interests in a limited-liability company or outstanding voting securities of a corporation which holds or applies for a license.

2.

For the purposes of this section, in addition to any other reasonable meaning of the words used, a holding company “indirectly” has, holds or owns any power, right or security mentioned in subsection 1 if it does so through any interest in a subsidiary or successive subsidiaries, however many such subsidiaries may intervene between the holding company and the corporation, limited partnership or limited-liability company which holds or applies for a license.

Source: Section 463.485 — “Holding company” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-463.­html#NRS463Sec485.

Last Updated

Jun. 24, 2021

§ 463.485’s source at nv​.us