NRS 361.804: “Affiliate” defined.
Where this section sits in the code
- TITLE 32 — REVENUE AND TAXATION
- CHAPTER 361 - PROPERTY TAX
- RECOVERY FEES FOR TAXES ON HEAVY EQUIPMENT RENTAL PROPERTY
1. “Affiliate” means a person who, directly or indirectly, through one or more persons or intermediaries, controls, is controlled by or is under common control with a specified person.
2. As used in this section, “control” means:
(a) Direct or indirect ownership, control or possession of 50 percent or more of the equity ownership of a person; or
(b) Possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract or through other means.
Collected 2026-09-03T05:51:37Z. Source file · JSON