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

NRS 463.485: “Holding company” defined.

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Where this section sits in the code
  1. TITLE 41 — GAMING; HORSE RACING; SPORTING EVENTS
  2. CHAPTER 463 - LICENSING AND CONTROL OF GAMING
  3. LICENSING OF CORPORATIONS, LIMITED PARTNERSHIPS, LIMITED-LIABILITY COMPANIES AND OTHER SIMILAR ORGANIZATIONS
  4. General Provisions

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.

Collected 2026-09-03T05:51:40Z. Source file · JSON

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