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

NRS 676A.030: “Affiliate” defined.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 676A - UNIFORM DEBT-MANAGEMENT SERVICES ACT
  3. GENERAL PROVISIONS

“Affiliate” means:

1. With respect to an individual:

(a) The spouse of the individual;

(b) A sibling of the individual or the spouse of a sibling;

(c) An individual or the spouse of an individual who is a lineal ancestor or lineal descendant of the individual or the individual’s spouse;

(d) An aunt, uncle, great aunt, great uncle, first cousin, niece, nephew, grandniece or grandnephew, whether related by the whole or the half blood or adoption, or the spouse of any of them; or

(e) Any other individual occupying the residence of the individual; and

2. With respect to an entity:

(a) A person that directly or indirectly controls, is controlled by or is under common control with the entity;

(b) An officer of, or an individual performing similar functions with respect to, the entity;

(c) A director of, or an individual performing similar functions with respect to, the entity;

(d) Subject to adjustment of the dollar amount pursuant to subsection 6 of NRS 676A.730, a person that receives or received more than $25,000 from the entity in either the current year or the preceding year or a person that owns more than 10 percent of, or an individual who is employed by or is a director of, a person that receives or received more than $25,000 from the entity in either the current year or the preceding year;

(e) An officer or director of, or an individual performing similar functions with respect to, a person described in paragraph (a);

(f) The spouse of, or an individual occupying the residence of, an individual described in paragraphs (a) to (e), inclusive; or

(g) An individual who has the relationship specified in paragraph (d) of subsection 1 to an individual or the spouse of an individual described in paragraphs (a) to (e), inclusive.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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