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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 119A.031: “Affiliate of the manager” defined.

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Where this section sits in the code
  1. TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
  2. CHAPTER 119A - TIME SHARES
  3. GENERAL PROVISIONS

“Affiliate of the manager” means any person who controls, is controlled by or is under common control with a manager, including a person who:

1. Is a general partner, officer, director or employer of the manager;

2. Directly or indirectly or acting in concert with one or more persons, or through one or more subsidiaries, owns, controls, or holds with the power to vote more than 20 percent of the voting interest in the manager;

3. Controls the election of a majority of the directors of the manager; or

4. Has contributed more than 20 percent of the capital of the manager.

Collected 2026-09-03T05:51:32Z. Source file · JSON

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