NRS 463.488
“Subsidiary” defined.

“Subsidiary” means:

1.

A corporation any part of whose outstanding equity securities are:

(a)

Owned;

(b)

Subject to a power or right of control; or

(c)

Held with power to vote,
Ê by a holding company or intermediary company; or

2.

A firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person, any interest in which is:

(a)

Owned;

(b)

Subject to a power or right of control; or

(c)

Held with power to vote,
Ê by a holding company or intermediary company.
Corporations Generally

Source: Section 463.488 — “Subsidiary” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-463.­html#NRS463Sec488.

Last Updated

Jun. 24, 2021

§ 463.488’s source at nv​.us