NRS 92A.400
Limitations on right of dissent: Assertion as to portions only to shares registered to stockholder

  • assertion by beneficial stockholder.

1.

A stockholder of record may assert dissenter’s rights as to fewer than all of the shares registered in his or her name only if the stockholder of record dissents with respect to all shares of the class or series beneficially owned by any one person and notifies the subject corporation in writing of the name and address of each person on whose behalf the stockholder of record asserts dissenter’s rights. The rights of a partial dissenter under this subsection are determined as if the shares as to which the partial dissenter dissents and his or her other shares were registered in the names of different stockholders.

2.

A beneficial stockholder may assert dissenter’s rights as to shares held on his or her behalf only if the beneficial stockholder:

(a)

Submits to the subject corporation the written consent of the stockholder of record to the dissent not later than the time the beneficial stockholder asserts dissenter’s rights; and

(b)

Does so with respect to all shares of which he or she is the beneficial stockholder or over which he or she has power to direct the vote.

Source: Section 92A.400 — Limitations on right of dissent: Assertion as to portions only to shares registered to stockholder; assertion by beneficial stockholder., https://www.­leg.­state.­nv.­us/NRS/NRS-92A.­html#NRS92ASec400.

92A.300
Definitions. 92A.305
“Beneficial stockholder” defined. 92A.310
“Corporate action” defined. 92A.315
“Dissenter” defined. 92A.320
“Fair value” defined. 92A.325
“Stockholder” defined. 92A.330
“Stockholder of record” defined. 92A.335
“Subject corporation” defined. 92A.340
Computation of interest. 92A.350
Rights of dissenting partner of domestic limited partnership. 92A.360
Rights of dissenting member of domestic limited-liability company. 92A.370
Rights of dissenting member of domestic nonprofit corporation. 92A.380
Right of stockholder to dissent from certain corporate actions and to obtain payment for shares. 92A.390
Limitations on right of dissent: Stockholders of certain classes or series 92A.400
Limitations on right of dissent: Assertion as to portions only to shares registered to stockholder 92A.410
Notification of stockholders regarding right of dissent. 92A.420
Prerequisites to demand for payment for shares. 92A.430
Dissenter’s notice: Delivery to stockholders entitled to assert rights 92A.440
Demand for payment and deposit of certificates 92A.450
Uncertificated shares: Authority to restrict transfer after demand for payment. 92A.460
Payment for shares: General requirements. 92A.470
Withholding payment for shares acquired on or after date of dissenter’s notice: General requirements. 92A.480
Dissenter’s estimate of fair value: Notification of subject corporation 92A.490
Legal proceeding to determine fair value: Duties of subject corporation 92A.500
Assessment of costs and fees in certain legal proceedings.
Last Updated

Jun. 24, 2021

§ 92A.400’s source at nv​.us